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Target Announced Its June Same-Store Sales Rose 4.5%
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Target Announced Its June Same-Store Sales Rose 4.5%
Target (NYSE:TGT) announced that its June same-store sales rose 4.5%, ahead of consensus estimates of 3.2%. The company said its total sales for the five weeks ended July 3 rose by 5.7% to $6.26 billion.Target has a potential upside of 23.7% based on a current price of $48.44 and an average consensus analyst price target of $59.94.Target is currently below its 50-day moving average (MA) of $48.57 and below its 200-day MA of $52.79.
Video Length: 0
Date Found: July 08, 2011
Date Produced: July 07, 2011
View Count: 0
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