Extremely significant negative changes in Target Corp (NYSE: TGT) investment behavior have recently occurred: its longer term price trend turned down, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Target has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Target has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 33, producing the Negative Value Trend Rating.
Recent Price Action
Target Corp (NYSE: TGT) stock closed at $121.59 on 11/21/24 after a slight decline of -0.1%. Moreover, exceptionally high trading volume at 372% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -21.5% during the last week.
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