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Target Has an Advantage Over Walmart This Earnings Season, Analyst Says

Por: MarketWatch Business November 07, 2022

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That’s led Wall Street to steer clear of Target, opting instead to pile into Walmart. Shares of Target are down over 30% this year, while Walmart is only down about 2%. Cowen analyst Oliver Chen is taking the opposite approach. While he still has a positive outlook on Walmart’s earnings, he believes Target has the “advantage” this earnings season. Target’s real upper hand lies in the stock’s valuation. Following the pullback in the... + full article



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