HomeLifestyleFood & BeverageWill Target (TGT) Earnings Report Mimic Walmart (WMT)?
Will Target (TGT) Earnings Report Mimic Walmart (WMT)?

Target (TGT) is trying to focus on the grocery side of the business, but it is more geared towards the higher-end consumer versus Walmart (WMT). “The Walmart earnings report has set the stage for other retailers. The TGT stock price is interesting from a technical analysis perspective due to recent movements. In terms of consumer happiness, Target is performing better than Walmart and Amazon (AMZN). However, there are a lot more purchase intent social media mentions for Amazon. Also, Target private label demand mentions are up 22% year-over-year,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on the differences and similarities between Walmart and Target.

Fast Market

15 Nov 2022

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