Should Investors Buy Target (TGT) Stock After Favorable Q4 Results?

Target (TGT)  reported favorable Q4 results yesterday but has seen its stock dip 3% after the omnichannel retail giant issued cautious guidance.However, Target shares continue to trade at a significant discount to competitors such as Walmart (WMT)  in terms of P/E valuation and investors may be wondering if now is a good time to buy TGT.Image Source: Zacks Investment Research Target’s Q4 Results Target’s Q4 sales of $30.91 billion edged estimates of$30.76 billion despite declining from $31.91 billion in th ...