Bullseye! The red-and-white themed retailer Target (TGT) is set to report first-quarter earnings tomorrow morning — Wednesday, May 22 — ahead of the market open, aiming for revenue of $24.13 billion and earnings of $2.05 per share according to analyst estimates.

Yahoo Finance's Josh Lipton lays out Wall Street sentiments around the retail stock, various tailwinds such as recent inventory re-pricing, and how Target holds up to the likes of Walmart (WMT).

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This post was written by Luke Carberry Mogan.