Core Viewpoint - Target is currently facing significant challenges in the retail sector, but its strong dividend yield and potential for recovery make it an attractive option for value investors [2][3][7]. Company Performance - Target's stock has decreased approximately 65% from its peak in 2021, yet it continues to attract customers for its exclusive merchandise and affordable home goods [3]. - In the second quarter, Target reported a year-over-year sales decline of 0.9%, although it noted a meaningful improvement in traffic and sales trends compared to the previous quarter [3]. Financial Metrics - Target's current market capitalization is $41 billion, with a stock price of $91.24 [5][6]. - The stock's forward dividend yield has risen to around 5%, translating to an annual passive income of about $25 from a $500 investment, based on a quarterly payout of $1.14 per share [6]. Strategic Initiatives - The company is leveraging artificial intelligence and data tools to enhance sales and operational efficiency, indicating potential for improved performance in the future [4]. Investment Outlook - Target is considered a strong candidate for investment, particularly for those looking to diversify from growth stocks into value stocks with high dividend yields [2][7].