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Retailers including Walmart, JCPenney, Walgreens, Target, Barnes & Noble are improving security to deter shoplifters during holiday season; efforts include surveillance systems, adding more security guards, locking away items

Piper Sandler upgrades Target to overweight from neutral with US$190 target, noting retailer had difficult 2022 but this could be close to the bottom; shares have started to look compelling after hitting lowest levels in June since onset of pandemic

Target to launch 'biggest ever' Black Friday week sale from Nov. 20-26, online and in stores; savings continue Nov. 27-28 with a two-day Cyber event

Target's Q3 net earnings fall 52.1% year-over-year to US$712M from US$1.49B; total revenue rises 3.4% to US$26.52B, category performance in frequency businesses including Beauty, Food and Beverage offset continued softness in discretionary categories

Target Q3 2022 Earnings Call - Transcript

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