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The Street
The Street
By Daniel Kline Target shares dropped by 25% after an earnings report that many did not like (that creates a buying opportunity) Earnings reports tell you a lot about a company when you follow them quarter after quarter. Does the company deliver on its promises? Can it address problems? Are its CEO’s comments accurate and does he or she own up to mistakes or explain when things go wrong. Taken on an isolated basis, however, earnings reports don’t paint a full picture. That can lead to the market — a sort of amorphous collective whole that describes analysts, pundits, traders, and people who l…
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