Target Corporation (NYSE:TGT) Could Improve Your Long Portfolio After Less Shorts Reported

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The stock of Target Corporation (NYSE:TGT) registered a decrease of 14.63% in short interest. TGT’s total short interest was 23.78M shares in November as published by FINRA. Its down 14.63% from 27.86 million shares, reported previously. With 6.41M shares average volume, it will take short sellers 4 days to cover their TGT’s short positions. The short interest to Target Corporation’s float is 4.47%.

The stock decreased 1.34% or $1.13 during the last trading session, reaching $83.19. About 4.40M shares traded. Target Corporation (NYSE:TGT) has risen 53.14% since November 14, 2017 and is uptrending. It has outperformed by 37.52% the S&P500.

Target Corporation operates as a general merchandise retailer. The company has market cap of $43.79 billion. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. It has a 14.57 P/E ratio. The firm also provides home furnishings and d??cor, such as furniture, lighting, kitchenware, small appliances, home d??cor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday d??cor; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software.

Target Corporation (NYSE:TGT) Ratings Coverage

Among 10 analysts covering Target (NYSE:TGT), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Target had 12 analyst reports since June 4, 2018 according to SRatingsIntel. The company was maintained on Thursday, August 23 by Robert W. Baird. Robert W. Baird maintained Target Corporation (NYSE:TGT) rating on Monday, June 4. Robert W. Baird has “Buy” rating and $8500 target. M Partners maintained the stock with “Buy” rating in Tuesday, June 5 report. The stock has “Market Perform” rating by Wells Fargo on Thursday, August 23. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Thursday, August 23 by UBS. The stock has “Neutral” rating by UBS on Friday, August 17. As per Thursday, August 23, the company rating was maintained by Barclays Capital. Cowen & Co upgraded it to “Outperform” rating and $100 target in Wednesday, November 7 report. As per Thursday, August 23, the company rating was maintained by Stifel Nicolaus. The stock has “Neutral” rating by Citigroup on Monday, August 27.

More important recent Target Corporation (NYSE:TGT) news were published by: Benzinga.com which released: “Cowen: 5 Reasons Target Will Outperform” on November 07, 2018, also Benzinga.com published article titled: “Cowen: Kohl’s, Target, Tiffany Are Top Holiday Retail Picks”, Benzinga.com published: “Where’s Walmart? Opening of Canadian CBD Market Prompts Speculation About Retail Giant” on November 12, 2018. More interesting news about Target Corporation (NYSE:TGT) was released by: Bizjournals.com and their article: “Decoding the circulars: What Target and Walmart’s Black Friday ads say about their holiday strategies” with publication date: November 13, 2018.

Target Corporation (NYSE:TGT) Ratings Chart

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