HomeLifestyleRetailBuy Ratings On Retail Stocks: WMT, TGT, TJX

Buy Ratings On Retail Stocks: WMT, TGT, TJX

Argus Research has a buy rating on the Walmart (WMT) stock with a $160 price target and a buy rating on the Target (TGT) stock with a $200 price target. "Walmart (WMT) remains a destination for frugal consumers as they are hiring 40K seasonal and full-time associated for the holiday season. The Target (TGT) advance retail sales report for August revealed that retail sales rose 8% year-over-year. Mastercard SpendingPulse forecasts holiday sales rising 7.1% this year. Also, TJX Companies (TJX) reported second quarter earnings above our estimates," says Chris Graja.

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05 Oct 2022

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