Target Corporation
Panjang

Target | TGT | Long at $105.75

119
Target TGT

Strengths:
  • P/E: 11.82x
  • Earnings are forecast to grow 4.95% per year
  • Dividend: 4.24%
  • Better "value" compared to others (i.e. WMT)
  • Insiders recently awarded options
  • May have double-bottomed (see weaknesses below...)


Weakness
  • Economic headwinds / recession concerns
  • Debt-to-equity: 1.09x (slightly high)
  • Several price gaps on the daily chart are open below the current price. If recession fears are valid and news to messages "tighter consumer spending", these gaps will likely be filled (all the way down to the 50S). One day these will be filled, but that would be a huge opportunity for long-term investors...


Thus, at $105.75, TGT is in a personal buy zone.

Targets
  1. $119.75
  2. $137.00
  3. $150.00

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.