Target Corporation experienced a strong second-quarter performance, and went past the target price from our last report as a result of its highly resilient operations, and a passionate, top-notch team. Their second-quarter total sales have increased by over $6.6 billion or 36% over the last two years and the company also witnessed an 8% margin expansion at the bottom-line level. The company’s strong performance was largely driven by excellent comparable digital sales, which grew by 10% in the se ....
03 Sep 2021
Target Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
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Target Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
- Published:
03 Sep 2021 -
Author:
Ishan Majumdar -
Pages:
14
Target Corporation experienced a strong second-quarter performance, and went past the target price from our last report as a result of its highly resilient operations, and a passionate, top-notch team. Their second-quarter total sales have increased by over $6.6 billion or 36% over the last two years and the company also witnessed an 8% margin expansion at the bottom-line level. The company’s strong performance was largely driven by excellent comparable digital sales, which grew by 10% in the se ....