Monday, May 24, 2010

$TGT The Path to Prosperity Is Through Sales

“Outlook for credit segment earnings remains murky. Changes in legislation regarding late fees beginning in August could negatively impact Target’s late fee revenue by 30-50%. However, with delinquencies and charge-offs trending down, year over year profitability is likely to continue to improve. One certainty is that credit card receivables will continue to decline as Target downsizes this business in response to
legislative changes.”


TGT The Path to Prosperity Is Through Sales

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