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Despite Q1 earnings miss, major investors boost stakes in Target, led by Mirae Asset's 754.7% increase.
Major institutional investors are increasing their stakes in Target Corporation after its Q1 earnings report fell short of expectations, with Mirae Asset Global Investments leading the way by boosting holdings by 754.7%.
Despite the earnings miss, firms like Golden State Wealth Management and Sunbelt Securities also increased their investments.
Target's stock is rated "neutral" by analysts with a target price of $116.70.
The company recently declared a quarterly dividend, and it is forecasted to report 8.69 EPS for the current fiscal year.
19 Articles
A pesar de la falta de ganancias del primer trimestre, los principales inversores aumentan sus participaciones en Target, liderados por Mirae Asset con un aumento del 754.7%.