Is Target Stock a Buy as Its Profit Margins Sink to Costco and Walmart Levels?
Target (NYSE: TGT) is one of the best-known big-box retail giants. Yet as the stock market is soaring toward new 52-week highs, Target's shares have fallen more than 8% in the last week -- and 22% in the last three months.
Let's discuss what is dragging the stock lower, and why Target is looking like a great dividend stock to buy now despite some concerns.
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Source Fool.com
Target Corp. Stock
€137.58
-1.240%
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
As a result the target price of 170 € shows a positive potential of 23.56% compared to the current price of 137.58 € for Target Corp..
