Target recently reported Q1 numbers, posting strong sales growth coupled with compressed margins.
Following the report, we believe the company remains well-positioned going forward - we are optimistic about like Shipt, which we believe is underappreciated.
We see opportunity in the company's shares, with upside over 40%.
The recent outbreak of COVID-19 has forced the shutdown of many businesses nationwide. For many brick-and-mortar retailers this proved to be a deadly blow. In the past several weeks, retail icons J.Crew, Neiman Marcus, and