Is Target Stock a Buy?

Is Target Stock a Buy?

The coronavirus pandemic has been rough for most of the retail sector, but Target (NYSE: TGT) has thus far made it through the crisis relatively unscathed. The retail stock is up 16% year to date, and the company posted one of its best quarterly reports ever in the second quarter. Comparable sales in the quarter jumped 24.3%, and adjusted earnings per share (EPS) nearly doubled, rising from $1.82 to $3.38.