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. Stock
€132.40
0.300%
Our community is currently high on Target Corp. with 35 Buy predictions and 13 Sell predictions.
However, we have a potential of -9.37% for Target Corp. as the target price of 120 € is below the current price of 132.4 €.
