Holiday retail sales soared past prior-year totals in 2021, setting up Target Corporation (TGT) to exceed estimates and provide gains for shareholders. Target is a brick-and-mortar retailer with locations nationwide. The company sells food, clothing, household items, furniture, and more at its 1,926 locations. I am Bullish on TGT stock. (See Analysts' Top Stocks on TipRanks) Holiday Shopping to Boost the Bottom Line Holiday sales in the U.S. soared 11% over 2019 levels. This is excellent news for retailers like Target. In-store sales alone were up 8%, while online sales increased even more. Target has long been one of the retail establishments that could withstand the threat of e-commerce.
https://www.tipranks.com/news/article/target-to-benefit-from-strong-retail-sales?utm_source=advfn.com&utm_medium=referral
Target (NYSE:TGT)
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Target (NYSE:TGT)
Historical Stock Chart
Von Mai 2021 bis Mai 2022 Click Here for more Target Charts.