The Latest Breaking News from TGT

Target Corp (NYSE:TGT) has increased its quarterly dividend by 20% to $1.08 per share from the prior quarterly dividend of $0.90. The dividend is payable on September 10, 2022, to shareholders of record at the close of business on August 17, 2022. Target held $1.1 billion in cash and equivalents as of April 30, 2022.…

B of A Securities downgraded its rating of Target (NYSE:TGT) to Neutral with a price target of $165.00, changing its price target from $235.00 to $165.00. Shares of Target are trading up 0.95% over the last 24 hours, at $157.46 per share.

Target Corporation (NYSE: TGT) announced several initiatives on Tuesday to right-size its inventory, including order cancellations and slashing prices.

Target Corporation (NYSE: TGT) shares turned sharply lower Tuesday morning after the company adjusted its second-quarter outlook based on excess inventory buildup. 

Target stock sank Tuesday morning, triggering a broader landslide among retail stocks, after the retail giant downgraded its second-quarter guidance. Target (TGT) is the most recent large company announcing plans to shore-up operations in the face of worrisome economic conditions. The Minneapolis-based company slashed its Q2 operating margin forecast to…

Target Corp (NYSE: TGT) shares are trading lower Tuesday after the company announced an inventory optimization plan, which will result in additional second-quarter costs.

Consumers are heading to discount stores to buy general merchandise amid surging prices. This growing demand and enhanced service offering should benefit popular discount retailers Costco (COST) and Target (TGT). But which of these stocks is a better buy now? Read more to find out.

Consumers are rushing to discount stores to buy household goods at comparatively lower prices amid multi-decade high inflation rates. This growing demand and enhanced service offering should allow popular discount store retailers Walmart (WMT) and Target (TGT) to benefit. But which of these stocks is a better buy now? Read…

Someone with a lot of money to spend has taken a bearish stance on Target (NYSE:TGT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The S&P 500 (SPY) has endured its 2nd trip down towards bear market territory before a bounce ensued. This last downturn is thanks to the ugly earnings from both WalMart and Target. This is indeed a precarious time and we have to contemplate the odds of bull vs. bear market…

Target (NYSE:TGT) has outperformed the market over the past 5 years by 12.79% on an annualized basis producing an average annual return of 23.26%. Currently, Target has a market capitalization of $71.76 billion.