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Target shoppers will see most of Target's nearly 2,000 stores start using an "express self-checkout" format on Sunday. It has limits of 10 items or fewer.
Inside the big box retailer, a lot has changed.
Target reported Q4 earnings that were much better than expected. It has an impressive record of dividend hikes and should continue rewarding investors via stock buybacks.
Target's margins and earnings improvement are impressive. The narrative has completely flipped.
This prognosticator recently upgraded his recommendation on the sprawling retailer. It's making a number of smart moves that should result in notable growth.
Recently, Zacks.com users have been paying close attention to Target (TGT). This makes it worthwhile to examine what the stock has in store.
Walmart and Target offer solid dividend yields to passive income investors.
Minneapolis, Minnesota-based Target Co. NYSE: TGT is a major general merchandise retailer operating 1,956 stores in the United States. Its typical locations are around 135,000 square feet, and its small-format City Target stores are around 80,000 square feet.
Management has cleared inventory and recovered from a misstep. While the retailer is offering fewer discounts, sales remain sluggish.
Target trailed peers last year as shoppers shifted spending away from consumer discretionary categories. Shares will appeal to patient investors willing to wait for growth to speed back up by late 2024.