Thursday, July 13, 2017

Target (TGT) updates q2 guidance to above previous high-end. Stock up 4.7%+ premarket

http://ift.tt/2umk07z

I posted some DD on Target a month ago, and how the company was severely undervalued and basically being brought down by other failing retailers, and not core issues with the company.

This is the second quarter Target has exceeded their high-end guidance, which continues to show that the market was incorrect about their valuations. Personally, I believe their FMV should be around $60, but feel free to look into it yourself, as Q2 will be reported next month and until it reaches $60 or there is a big change in valuation, I feel like it is a solid investment (hence why I have 200k on them).



Submitted July 13, 2017 at 07:06AM by Put_It_All_On_Blck http://ift.tt/2vg8fw5

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