Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy
Target(TGT) MarketBeat·2024-11-20 23:36
Target TodayTGTTarget$122.95 -33.05 (-21.19%) 52-Week Range$120.99▼$181.86Dividend Yield3.64%P/E Ratio12.70Price Target$174.80Add to WatchlistWhile Target NYSE: TGT has been a bellwether of retail sector health in recent years, it is not today. The company’s lackluster results are due to its operational quality and lack of relevance in an environment where consumers are budget-conscious. Results from other retailers, including Walmart NYSE: WMT, The TJX Companies NYSE: TJX, and Williams-Sonoma NYSE: WSM, s ...