Target upgraded on market share growth forecast post-coronavirus as competitors close for good [MarketWatch]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.target.com
Company Research
Source: MarketWatch
Target Corp. was upgraded to outperform from market perform at BMO Capital Markets after analysts forecast it will take market share from retailers that cease operations post-coronavirus. BMO raised its price target to $125 from $115. Analysts led by Kelly Bania say about $109 billion in sales at apparel and home goods retailers have credit ratings lower than investment grade. Analysts expect Target's clothing and home sales will increase and its same-day services, including home delivery, will be a benefit. "As we saw in F2020, digital fulfillment gross margin percentage pressure can be more than offset if mix is favorable enough in high-margin categories," analysts wrote. Target stock has rallied 32.2% over the past year while the S&P 500 index has slipped 2.1% for the period.
Show less
Read more
Impact Snapshot
Event Time:
TGT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TGT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TGT alerts
High impacting Target Corporation news events
Weekly update
A roundup of the hottest topics
TGT
News
- A year after HBC's collapse, some reimagined spaces — and a lot of vacant stores [BNN Bloomberg (Canada)]BNN Bloomberg
- Target's 2026 Turnaround: Analysts Bullish as Growth Returns [Yahoo! Finance]Yahoo! Finance
- Kohl's Sea And Skye Tests Youth Appeal And Margin Control [Yahoo! Finance]Yahoo! Finance
- Target (TGT) had its price target raised by JPMorgan Chase & Co. from $115.00 to $120.00. They now have a "neutral" rating on the stock.MarketBeat
- Macy's (M) Valuation Check As Dividend Rises And Earnings Update Approaches [Yahoo! Finance]Yahoo! Finance
TGT
Earnings
- 3/3/26 - Beat
TGT
Sec Filings
- 3/3/26 - Form 8-K
- 2/23/26 - Form 3
- 2/11/26 - Form 8-K
- TGT's page on the SEC website