Target Corp. (TGT) was a big mover last session, as its shares rose over 7% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up over 20% in the past one-month time frame.
Over the last 30 days, this company witnessed a mixed record of two positive and three negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Target Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Other better-ranked retail stocks include Bed Bath & Beyond Inc. (BBBY), Build-A-Bear Workshop Inc. (BBW) and CST Brands, Inc. (CST). All three carry a Zacks Rank #2 (Buy).
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