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Target's (TGT 0.67%) results weren't eye-catching, but they were a step in the right direction for the company. More people are shopping on the Target app and picking up goods at the store without ever going in. If that trend continues, Target could carve a valuable space in retail. Travis Hoium digs into the results in this video.

*Stock prices used were end-of-day prices of May 17, 2023. The video was published on May 19, 2023.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Target Stock Quote
Target
NYSE: TGT
$138.89
(-0.94%)-$1.32
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Target Hits the Mark in the Right Areas | The Motley Fool