TGT's Value Over WMT as Consumers "Normalize"

Published: 19 November 2024
on channel: Schwab Network
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Walmart (WMT) once again flexed strength in consumer staples with an earnings beat and raised guidance. Target (TGT) is set to release earnings tomorrow, and Jason Ware believes the retail giant can break out of Walmart's shadow. His bull thesis hedges on Target's current valuation as consumers "normalize."

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