What Analysts Think of Target Stock Ahead of Earnings | Global News Avenue

Target(TGT) Plans to report fourth-quarter earnings on Tuesday morning, with analysts seeing a lot of room for retailers’ stocks to rise.

Analysts’ ratings are almost equally distributed, with five “buys” and six “holds” score Among brokers currently following the goal and tracked by visible alpha. Their average price target is less than $145, which suggests a close of about 18% on Friday and brings the stock back to late January levels.

Revenue for the quarter is expected to be $30.77 billion, with adjusted earnings per share of $2.26, down 3.6% and 24%, down 3.6% and 24% from the same time a year ago. At the same time, analysts expect Comparable store sales To grow 1.39% year-on-year, Morgan Stanley analysts noted that the number of consensus has risen since the week Comparable sales projection canceled In January.

Analysts expect conservative 2025 outlook, issue CEO inherits

Analysts at JPMorgan, Oppenheimer and Morgan Stanley all said in their recent notes that they hope Target may follow some retail competitors Like Walmart ((WMT) and Home Depot ((HD) and remain conservative in the first quarter and 2025 forecasts.

Despite potential 2025 forecasts, focus on tariffs and inflation Take care of it Oppenheimer analysts said they “continue to believe that the stock has bottomed out” and said they will “utilize any volatility” after the report. They noted that in the past four, the target share has fallen income Reportedly, after four of the last five, there are double-digit fluctuations.

Analysts at JPMorgan Chase and Morgan Stanley also raised a question Succession Plan Entering 2025, just as CEO Brian Cornell recently earned 10 years on top jobs. JPMorgan analysts said Cornell plans to stay for three years as of September 2022, saying they think the internal candidate who replaces him is “very likely”.

The target share has dropped by about 18% over the past 12 months. They rose Friday, just above $124 this week.