These analysts review their expectations on the target after the Q1 results – the goal (NYSE: TGT)

Target TGT Results were reported in the first quarter of expected on Wednesday.

The registered target registered profits per share of $ 1.30, estimating the consensus of the lost analysts of $ 1.64. Quarterly sales of 23.85 billion dollars (a decrease of 2.8 % on an annual basis) missed the street offer of 24.32 billion dollars.

“In the first quarter, our team moved to a very difficult environment and focused on providing a lineup, experience, value and value that you expect from the goal,” said Brian Cornell, President and CEO of Target Corporation. “Although our sales were less than our expectations, we have seen many bright points in the quarter, including healthy digital growth, led by 36 percent increase in today’s delivery on the same day through Circle 360, and the most powerful cooperation we have in more than a decade, Kate Spade for Target.”

TARGET has reduced the modified EPS guidelines in FY2025 from $ 8.80 – $ 9.80 to $ 7.00 – $ 9.00 for an estimate of $ 8.48 and witnessed a decrease in sales in the low single numbers. TARGET has also reviewed the FY2025 GAAP EPS instructions from $ 8.80 – $ 9.80 to $ 8.00 – $ 10.00.

The target shares gained 1.5 % trading at $ 94.43 on Thursday.

These analysts have made changes to their price goals on the target after the profits were announced.

• Morgan Stanley analyst Simon Gotuman maintained the goal by raising weight gain and lowering the target price from $ 160 to $ 112.
• The Wales Fargo Edward Kelly analyst maintained the stock ranked overweight and reduced the target price from $ 135 to $ 115.
• Truist Securities Scot Cicagelli analysts a goal with a suspension and a target price from $ 82 to $ 90.

Consider buying TGT stocks? This is what analysts believe: