MISSISSAUGA, Ont. — Target won’t give up on Canada too easily, despite calls for the company to cut its losses and withdraw from its Canadian operations. Joel Baum of the University of Toronto’s Rotman School of Management said that “analysts have a very short-term perspective” and “the stock price is supposed to reflect future value, not what they screwed up last year.” Retail giant Wal-Mart took about three years to become profitable in Canada, the Financial Post observes.
Target Canada not finished yet: experts
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