{"id":1228273,"date":"2023-05-17T21:54:00","date_gmt":"2023-05-17T20:54:00","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/target-shares-rise-after-earnings-beat-heres-how-the-pros-are-playing-it\/"},"modified":"2023-05-17T21:54:00","modified_gmt":"2023-05-17T20:54:00","slug":"target-shares-rise-after-earnings-beat-heres-how-the-pros-are-playing-it","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/target-shares-rise-after-earnings-beat-heres-how-the-pros-are-playing-it\/","title":{"rendered":"Target shares rise after earnings beat. Here&#039;s how the pros are playing it"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Market Movers rounded up the best reactions from investors and analysts as Target shares rose after the retailer posted an earnings beat. The pros, including Jim Cramer , discussed the retailer after it reported its first-quarter financial results Wednesday before the opening bell. Target chairman and CEO\u00a0Brian Cornell said on a call with investors that inventories\u00a0are down 16%, yet sales barely grew compared to a year ago as consumers dial back on spending. Despite those numbers, Target is maintaining its previous full-year guidance. The stock closed 2.5% higher Wednesday.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2023\/05\/17\/target-shares-rise-after-earnings-beat-how-the-pros-are-playing-it.html\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Movers rounded up the best reactions from investors and analysts as Target shares rose after the retailer posted an earnings beat. The pros, including Jim Cramer , discussed the retailer after it reported its first-quarter financial results Wednesday before the opening bell. Target chairman and CEO\u00a0Brian Cornell said on a call with investors that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1228274,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1228273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Target shares rise after earnings beat. Here&#039;s how the pros are playing it - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cnbc.com\/2023\/05\/17\/target-shares-rise-after-earnings-beat-how-the-pros-are-playing-it.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Target shares rise after earnings beat. Here&#039;s how the pros are playing it - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"Market Movers rounded up the best reactions from investors and analysts as Target shares rose after the retailer posted an earnings beat. The pros, including Jim Cramer , discussed the retailer after it reported its first-quarter financial results Wednesday before the opening bell. 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