Reported 3 days ago
BTIG has started coverage on Target Corporation (NYSE:TGT) with a Neutral rating due to tough competition from other retailers like Walmart, Costco, and Amazon. While Target remains a strong dividend stock, having increased its payouts for 54 years and offering a 5.07% yield, BTIG estimates earnings per share of $7.40 for fiscal 2025 and $7.85 for fiscal 2026, highlighting concerns over its competitive environment.
Source: YAHOO