Target earnings: Analysts see growth potential, and growing Amazon overlap
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Target Corp. is scheduled to report third-quarter earnings on Wednesday before the opening bell and analysts are looking for an update on new and old initiatives. J.P. Morgan analysts raised their third-quarter same-store sales forecast to 0.7% growth and their earnings per share estimate to 87 cents from 83 cents based on a number of improvements the company has made. “The benefit of clearer pricing structure, brand introductions, adult beverage upgrades, continued solid consumer electronics pe…