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Target lost market share in the quarter as consumers looked for lower-priced items.
Fool.com contributor Parkev Tatevosian reviews Target's (TGT 1.50%) latest quarterly earnings and answers questions about whether it is an excellent investment for passive income investors.
*Stock prices used were the afternoon prices of May 23, 2024. The video was published on May 24, 2024.
Parkev Tatevosian, CFA 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.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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