Target ‘a standout’ among big box retailers, Barron’s says

Tepid is the new hot, and Target’s lukewarm fourth-quarter results were enough to make it a relative standout amid a lackluster retail earnings season. Teresa Rivas writes in this week’s edition of Barron’s. Nevertheless, there were genuinely encouraging signs from the big-box retailer, despite an uncertain outlook for the industry, the author says. Target is one of the best-performing retail stocks, and a strong quarter, coupled with a prudently conservative outlook, means that many of the factors fueling this year’s outperformance can continue, the publication adds. Reference Link