Target Feels the Effects of Inflation in Latest Earnings Report – 2 Reasons It’s Still Rated a Buy

By |2023-12-07T21:16:25+00:00August 19th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

The second quarter wasn’t kind to many companies, especially retail stores like Target. As inflation continued to heat up, the company saw its profits drop an astounding 90%. While competitors like Walmart are suffering the effects of inflation-weary customers as well, the extent to which Target has been affected is far more significant due [...]