Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (5662)	3/1/2001 9:42:45 PM
From: Jenna	Respond to of 6445

<font color=magenta> ► Earnings Play.. TGT Thursday March 1, 11:47 am Eastern Time RESEARCH ALERT - Target seen topping Q4 consensus CHICAGO, March 1 (Reuters) - Target Corp. (NYSE:TGT - news), the No. 4 U.S. retailer, is expected to top analysts' consensus estimate for fourth-quarter profits of 59 cents a share, two Wall Street analysts said on Thursday. ``We continue to maintain our high-on-the-street fiscal year 2001 earnings per share estimate of 62 cents and expect the company's release to reflect actual results in this range pending final accounting for reserves and other positive margin adjustments,'' US Bancorp Piper Jaffray retail analyst Jeff Klinefelter wrote in a research note. The analyst said his projections were based on Target Corp.'s adeptness at inventory management and its ``... commitment to managing its business conservatively during the Holiday season.'' Target is expected to report fourth-quarter earnings on March 6. chart.bigcharts.com I'd still watch ICPT although it was less than remarkable today.