Noor Ul Ain Rehman
1 min read
In This Article:
Target Corporation (NYSE:TGT) is one of the 13 Most Undervalued Retail Stocks to Buy Right Now. On June 4, TD Cowen analyst Oliver Chen maintained a Hold rating on Target Corporation (NYSE:TGT) and set a price target of $105.00. The company reported net sales of $23.8 billion in fiscal Q1 2025, down from $24.5 billion in fiscal Q1 2024. However, digital comparable sales rose 4.7%, reflecting growth of over 35% in same-day delivery supported by Target Circle 360 and continued growth in Drive Up.
A woman purchasing groceries at a Target store, with a cart full of products.
On June 12, Target Corporation (NYSE:TGT) also announced a quarterly dividend of $1.14 per common share, reflecting a 1.8% growth from the previous quarterly dividend of $1.12. This rise makes 2025 the 54th consecutive year of annual dividend growth in the company’s history.
Target Corporation (NYSE: TGT) is a retail giant operating over 2,000 discount department stores and hypermarkets across the United States and Canada.
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Disclosure: None.
