CFRA Research slashes Target’s EPS estimates due to margin pressures, CFRA’s Sundaram explains

CFRA Research slashes Target's EPS estimates due to margin pressures, CFRA's Sundaram explains

Arun Sundaram, CFRA Research senior analyst, and Paul Hickey, Bespoke Investment Group, join ‘Closing Bell’ to discuss why the market was so shocked with Target’s earnings results, Sundaram thought’s on the company’s stock and what happens if Target and Walmart can’t keep up with today’s macro environment.

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!