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.

Image source: Getty Images.

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Source Fool.com