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TGT Stock Up 21% YTD, What's Next?
TargetTarget(US:TGT) Forbes·2024-04-09 13:00

NEW YORK, NEW YORK - MARCH 05: A Target store stands in Manhattan on March 05, 2024 in New York ... [+] City. (Photo by Spencer Platt/Getty Images)Getty ImagesNote: TGT’s fiscal 2023 ended on Feb 3.After a 21% increase year-to-date, at the current price of around $172 per share, we believe Target (NYSE: TGT), the second-largest discount chain in the U.S. - is fairly priced. TGT stock rose from around $142 to nearly $172 YTD, compared to a 9% growth in the S&P index. Target’s TGT shares have spiked so far th ...