Investors Heavily Search Target Corporation (TGT): Here is What You Need to Know

Target (TGT) has been heavily searched by investors recently. The stock underperformed the S&P 500 over the past month (-1.4% vs +2.4%), though it outperformed its retail discount stores industry peers. Target is rated Zacks Rank #2 (Buy) based on positive earnings estimate revisions. The company is expected to report 16.9% year-over-year earnings growth for the current quarter and 37.8% for the fiscal year, with a consensus EPS estimate of $10.43. Revenue is projected to grow 5.1% for the current fiscal year. Target trades at a valuation discount to peers (Value Score B) and has consistently beaten consensus estimates in recent quarters.