Should You Buy Target Stock Before Aug. 19?
Target remains solid for the long term, but it could become the victim of elevated expectations on earnings day.
Overview
Target (NYSE: TGT) next reports quarterly earnings premarket on Wednesday, Aug. 19. Shares in the big box-turned-omnichannel retailer have surged by 57% since the start of the year. After falling out of favor last year, sentiment has shifted back to bullish, with strong Q1 2026 earnings bolstering confidence in Target's turnaround.
However, after this strong performance, Target, one of the most widely followed consumer staples stocks, could soon become the victim of elevated expectations.
Image source: Getty Images.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.