Target Stock Is up 63% This Year, and It's Still Cheap
Key PointsWith a new CEO and strong efforts in several strategic areas, Target is winning higher traffic and comparable sales.
Key PointsWith a new CEO and strong efforts in several strategic areas, Target is winning higher traffic and comparable sales.
BELLINGS Intelligence Score: 10
Why it matters
This is a routine market commentary on Target's stock performance and valuation, which is interesting but does not materially affect credit markets or broader financial conditions.
Sources
Nasdaq
Target Stock Is up 63% This Year, and It's Still Cheap
Key PointsWith a new CEO and strong efforts in several strategic areas, Target is winning higher traffic and comparable sales.