Where Will Target Stock Be in 5 Years?
(NYSE: TGT), one of the largest retailers in America, was once considered a dependable blue-chip stock for dividend investors. On November 26, 2021, its stock closed at a record high of $238.01 per share, marking a three-year gain of 234%.
Target impressed the bulls with its soaring digital sales throughout the pandemic, the expansion of its private-label brands, and its overall pricing power. The broader buying frenzy in stocks -- which was sparked by stimulus checks, social media buzz, and the growing popularity of commission-free trading platforms -- further inflated its valuations.
Image source: Getty Images.
Source Fool.com
Target Corp. Aktie
104,00 €
-2,45 %
Die Community unterstützt Target Corp. leicht, mit mehr Buy- als Sell-Einschätzungen.
Für Target Corp. ergibt sich ein Potenzial von -5.77%, selbst wenn das Kursziel von 98 € unter dem aktuellen Kurs von 104.0 € liegt.
