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This morning Target (#TGT) reported Q4 earnings and beat analyst expectations! The company announced Q4 Non-GAAP EPS of $2.67 (beat by $0.13) and revenue of $28.34B (+21.1% Y/Y).
Although #Target beat revenue expectations by $920M, shares of the company closed down -6.77%. On top of an earnings beat, the company had a slew of good news including a growing digital platform and hire gross margins of 26.8%. Is now a good time for investors to step in and add target stock to their portfolio?