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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.

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Source Fool.com

Target Corp. Stock

€83.40
0.850%
The Target Corp. stock is trending slightly upwards today, with an increase of €0.70 (0.850%) compared to yesterday's price.
Currently there is a rather positive sentiment for Target Corp. with 25 Buy predictions and 5 Sell predictions.
With a target price of 98 € there is a slightly positive potential of 17.51% for Target Corp. compared to the current price of 83.4 €.
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