Earnings Outlook: What to watch for in Target earnings

Target Corp. is expected to announce second-quarter earnings Wednesday before the market opens.

Aside from the issues plaguing most retail companies — competition with Amazon.com Inc. AMZN, -0.53% , unstable weather patterns, shifting consumer habits — Target TGT, +0.43% is also facing hurdles in its electronics and food departments, analysts say.

See also:Target’s grocery business being spoiled by fewer shoppers

Still, retailers faced better conditions during the second quarter. And Target should further benefit from a focus on four key categories.

Target shares have an average hold rating with a target price of $77.16, about 2.5% higher than Friday’s closing price of $75.21.

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