16-Sep-2024 5:05 PM CST : The recent surge in Target Corporation (TGT) shares has been attributed to a turnaround in same-store sales growth, with beauty being a standout category at 9%. This positive trend is expected to continue as the company's strategic initiatives and strong earnings performance have garnered attention from investors. According to DBS analyst Mavis Hui, who reiterated a Buy rating on Target (TGT) today and set a price target of $188.00, "Target's Strong Earnings and Strategic Initiatives Merit a Buy Rating."
In addition to the positive sales growth in beauty, apparel comparable-store sales were also solid at 3%, led by low double-digit growth from its All In Motion brand. Food & beverage and essentials both saw low single-digit comp growth. This indicates that Target is successfully executing its strategy of offering a wide range of products across various categories.
The company's strong earnings performance has been driven by its efforts to improve operational efficiency, reduce costs, and enhance customer experience. As reported in the article "Target Corporation (TGT): Is It Too Late to Buy the Stock?" on Yahoo Finance, Target shares surged as same-store sales turned positive, with beauty being a standout category at 9%. This suggests that investors are taking notice of the company's turnaround efforts.
However, it is essential to note that some analysts have expressed caution about investing in Target due to concerns over its valuation and competition from other retailers. As mentioned in the article "Should You Hold Target (TGT)?" on InvestingChannel, proprietary data insights show that financial pros' top discount stores stock searches include TGT at 28, WMT at 17, COST at 15, DG at
16-Sep-2024 8:28 AM CST - Benzinga Target Set To Recruit 100K Seasonal Employees Despite Anticipated Slow Holiday Sales The seasonal staff will be assigned to Target's stores and supply chain facilities, with the majority being stationed in stores. This follows Bath & Body Works BBWI announcement last week to hire 30,000 seasonal employees, mirroring its 2023 figures.
16-Sep-2024 6:24 AM CST - Seeking Alpha Target preps for the holiday shopping season rush Target Corporation ( NYSE: TGT) announced that it will hire about 100,00 additional seasonal team members as it prepares for strong holiday demand. The hiring plan is consistent with the level of holiday hiring by the Minneapolis-based retailer in each of the last three years.
15-Sep-2024 9:30 AM CST - The Spruce 5 Insider Secrets to Shopping at Target, According to an Employee Along with this brand, shoppers can find an array of home goods with other brands such as Opalhouse Jungalow by Christina Blakey and Studio McGee x Threshold, Target's personal brand. You're guaranteed to find consistently chic, in-style items to decorate your home all year round.
11-Sep-2024 10:04 AM CST - Forbes Target's Car Seat Trade-In Event Is Back, So You Can Save And Recycle All car seats eventually expire, but Target's Car Seat Trade-In Event gives you a chance to recycle these bulky items and get 20% off another car seat or a selection of other baby gear. The event starts this Sunday,
11-Sep-2024 10:00 AM CST - Yahoo Everything You Need to Know About Target Circle 360, and How It Compares to Shipt (Target's Other Delivery Service!) Of course, you don't need to be a member to opt for delivery from Target. Prior to Target Circle 360, online orders were delivered for a fee via Shipt, a delivery service acquired by the retailer in 2017. Deliveries are $9.99 per delivery, not including tip. Orders are required to be at least $35 to qualify for same-day delivery.
11-Sep-2024 6:58 AM CST - Business Insider TGT, WMT, or COST: Which Retail Giant Is the Best Investment? Finally, Wall Street's consensus reflects overall optimism. Target stock holds a "Moderate Buy" rating, with 17 out of 28 analysts recommending a buy. The average price target of $173.58 indicates an upside potential of 15.27% based on the latest share price.
Latest TGT Trades by Congress Members
27-SEP-2023 - Jared Moskowitz, FL (District 23) sold between $1,001 and $15,000.
16-Sep-2024 5:05 PM CST : The recent surge in Target Corporation (TGT) shares has been attributed to a turnaround in same-store sales growth, with beauty being a standout category at 9%. This positive trend is expected to continue as the company's strategic initiatives and strong earnings performance have garnered attention from investors. According to DBS analyst Mavis Hui, who reiterated a Buy rating on Target (TGT) today and set a price target of $188.00, "Target's Strong Earnings and Strategic Initiatives Merit a Buy Rating."
In addition to the positive sales growth in beauty, apparel comparable-store sales were also solid at 3%, led by low double-digit growth from its All In Motion brand. Food & beverage and essentials both saw low single-digit comp growth. This indicates that Target is successfully executing its strategy of offering a wide range of products across various categories.
The company's strong earnings performance has been driven by its efforts to improve operational efficiency, reduce costs, and enhance customer experience. As reported in the article "Target Corporation (TGT): Is It Too Late to Buy the Stock?" on Yahoo Finance, Target shares surged as same-store sales turned positive, with beauty being a standout category at 9%. This suggests that investors are taking notice of the company's turnaround efforts.
However, it is essential to note that some analysts have expressed caution about investing in Target due to concerns over its valuation and competition from other retailers. As mentioned in the article "Should You Hold Target (TGT)?" on InvestingChannel, proprietary data insights show that financial pros' top discount stores stock searches include TGT at 28, WMT at 17, COST at 15, DG at
16-Sep-2024 8:28 AM CST - Benzinga Target Set To Recruit 100K Seasonal Employees Despite Anticipated Slow Holiday Sales The seasonal staff will be assigned to Target's stores and supply chain facilities, with the majority being stationed in stores. This follows Bath & Body Works BBWI announcement last week to hire 30,000 seasonal employees, mirroring its 2023 figures.
16-Sep-2024 6:24 AM CST - Seeking Alpha Target preps for the holiday shopping season rush Target Corporation ( NYSE: TGT) announced that it will hire about 100,00 additional seasonal team members as it prepares for strong holiday demand. The hiring plan is consistent with the level of holiday hiring by the Minneapolis-based retailer in each of the last three years.
15-Sep-2024 9:30 AM CST - The Spruce 5 Insider Secrets to Shopping at Target, According to an Employee Along with this brand, shoppers can find an array of home goods with other brands such as Opalhouse Jungalow by Christina Blakey and Studio McGee x Threshold, Target's personal brand. You're guaranteed to find consistently chic, in-style items to decorate your home all year round.
11-Sep-2024 10:04 AM CST - Forbes Target's Car Seat Trade-In Event Is Back, So You Can Save And Recycle All car seats eventually expire, but Target's Car Seat Trade-In Event gives you a chance to recycle these bulky items and get 20% off another car seat or a selection of other baby gear. The event starts this Sunday,
11-Sep-2024 10:00 AM CST - Yahoo Everything You Need to Know About Target Circle 360, and How It Compares to Shipt (Target's Other Delivery Service!) Of course, you don't need to be a member to opt for delivery from Target. Prior to Target Circle 360, online orders were delivered for a fee via Shipt, a delivery service acquired by the retailer in 2017. Deliveries are $9.99 per delivery, not including tip. Orders are required to be at least $35 to qualify for same-day delivery.
11-Sep-2024 6:58 AM CST - Business Insider TGT, WMT, or COST: Which Retail Giant Is the Best Investment? Finally, Wall Street's consensus reflects overall optimism. Target stock holds a "Moderate Buy" rating, with 17 out of 28 analysts recommending a buy. The average price target of $173.58 indicates an upside potential of 15.27% based on the latest share price.
