Apriem’s Chief Investment Officer, Benjamin Lau, on the pros and cons of investing in Target with U.S. News & World Report. Below is an excerpt:
“The company’s online business has seen some strong growth, at 20 to 30 percent in the past few quarters, but it remains a small fraction (less than 5 percent) of total revenues,” Lau says, noting his firm is ‘cautious’ on TGT.”
Read the full article here.
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