FMP
Jan 24, 2023 10:02 PM - Davit Kirakosyan
Oppenheimer initiated coverage on Target Corporation (NYSE:TGT) with an Outperform rating and a $190 price target. In 2022, the company’s shares underperformed, down 36% compared to a 19% decline in the S&P 500. Looking forward, the analysts see the potential for a strong multi-year profit recovery, driven by gross margin expansion, management cost actions, and share gains.
Nearer term, the analysts expect bumps along the way as seemingly aggressive Street forecasts for fiscal 2023 and headwinds in certain discretionary categories (CE, Home, etc.) muddle TGT's prospects for at least the next few quarters.
Longer term, the analysts believe the company is well positioned to continue capturing share, driven by digital efforts, store investments, merchandising success on the exclusive brand front, competitor liquidations over time, and partnerships with other brands/retailers.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...