Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Target Corp (NYSE: TGT) weakened during the last several trading days. TGT’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Target Corp (NYSE: TGT) stock closed at $132.31 on 11/29/24 after an increase of 1.7%. NORMAL trading volume accompanied the advance. The stock has risen 8.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Target has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Target has a neutral Appreciation Score of 51 but a poor Power Rating of 19, resulting in the Negative Value Trend Rating.
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