Like most investors, I like buying stocks that are winners. But sometimes appearances can be deceiving. A stock that has skyrocketed can end up being a loser over the long run. A stock that has plummeted can turn around and deliver huge long-term gains.I think Target (TGT 2.24%) is an example of a winner in the latter category. Here's why I just bought this underperforming Dividend King.A better story than the stock performance reflectsTarget's share price has fallen 16% over the last 12 months. That's espe ...

Target is luring in price-conscious customers by launching its cheapest brand to date. It's called "dealworthy," and it comes as households continue to feel constrained by the high cost of goods. The Minneapolis-based company said on Thursday that the new brand will encompass products in a variety of categories from apparel, accessories and beauty to electronics and home items. Most of them will cost under $10, but some will start at less than $1, Target said. For electronics in particular, some items will ...

New owned brand dealworthy features nearly 400 everyday basics, starting at less than $1 and with most items under $10 dealworthy is backed by Target's owned brand one-year return policy  MINNEAPOLIS, Feb. 15, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today introduced its new low-price owned brand, dealworthy, designed to give consumers incredible value on nearly 400 everyday basics. With dealworthy, Target is offering more options at lower prices, starting at less than $1, while strengthening its ...

Target (TGT) ended the recent trading session at $145.03, demonstrating a -0.74% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.96%. Meanwhile, the Dow experienced a rise of 0.4%, and the technology-dominated Nasdaq saw an increase of 1.3%.The retailer's stock has climbed by 3.57% in the past month, falling short of the Retail-Wholesale sector's gain of 4.23% and the S&P 500's gain of 3.69%.The upcoming earnings release of Target will be of gr ...

Target Corporation (TGT) has emerged as a formidable player in the stock market, displaying impressive performance over the past three months. Headquartered in Minneapolis, MN, the company has demonstrated a robust 34.8% increase, outshining the industry's rise of 19.6%. This notable success is underpinned by a multifaceted approach, blending a diverse product range, strategic market expansions and seamless integration of digital technologies.As a prominent player in the discount industry, Target, carrying ...

Justin Sullivan Target Overview I previously covered Target (NYSE:TGT) back in September 2023 and rated the stock as a Buy. The target stock price back then was about $123/share. We've since seen the price appreciate by about 20% in comparison to the S&P 500's (SPY) 12% upside over the same period. The TGT dividend growth is likely to continue being strong based on the future outlook and cash flow. The dividend streak has now reached 55 years of consecutive increases, making Target a certified dividend king ...

Target (TGT) closed the most recent trading day at $147.40, moving +0.46% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.06% for the day. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.Heading into today, shares of the retailer had gained 1.83% over the past month, lagging the Retail-Wholesale sector's gain of 8.04% and the S&P 500's gain of 6.45% in that time.The investment community will be closely monitoring the performance o ...

Target (TGT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this retailer have returned +1.8% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Retail - Discount Stores industry, to which Target belongs, has gained 7.4% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or r ...

Target is reportedly mulling a paid membership plan similar to Amazon Prime and Walmart+.The new program, known as “Project Trident” within the company, could launch as soon as this year, Bloomberg reported Wednesday (Feb. 7), citing unnamed sources.While the retailer already has its Target Circle loyalty program, offering deals and rewards for purchases, the new program would go further, offering other benefits and requiring a fee, the report said. It could incorporate Shipt, the Target-owned grocery deliv ...

Core Viewpoint - The average brokerage recommendation (ABR) for Target (TGT) is 1.98, indicating a general suggestion to buy the stock, but reliance solely on this metric may not be advisable due to potential biases in brokerage recommendations [1][2]. Brokerage Recommendation Trends for TGT - Target's ABR is derived from 30 brokerage firms, with 13 Strong Buy and 4 Buy recommendations, accounting for 43.3% and 13.3% of total recommendations respectively [1]. - Studies indicate that brokerage recommendations often lack success in guiding investors towards stocks with significant price appreciation potential [2]. - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" [2][3]. Zacks Rank vs. ABR - Zacks Rank is a proprietary stock rating tool that categorizes stocks based on earnings estimate revisions, providing a more reliable indicator of near-term price performance compared to ABR [3][5]. - The ABR is based solely on brokerage recommendations and may not be up-to-date, while Zacks Rank reflects timely earnings estimate revisions [5]. - The Zacks Rank for Target is currently 2 (Buy), indicating positive sentiment among analysts regarding the company's earnings prospects [6]. Investment Consideration for TGT - The Zacks Consensus Estimate for Target's earnings has increased by 0.3% over the past month to $8.34, suggesting potential for stock price appreciation [6]. - The combination of the recent change in consensus estimates and other related factors has led to a favorable Zacks Rank for Target, supporting the notion that the Buy-equivalent ABR may be a useful guide for investors [6].