Investor attention on
Target Corporation (TGT) seems to be growing as evidenced by a mixed pattern of buying and selling moves by institutional stakeholders. While companies like
Conning Inc, Bessemer Group Inc, and
Balboa Wealth Partners reduced their stakes in the retail giant, others such as
Teacher Retirement System of Texas,
Mather Group LLC, and
Robeco Institutional Asset Management B.V. increased their positions. Despite a
28% decrease in
stock value over a six-month-span, there is an ongoing debate on whether it's time to buy, hold, or sell TGT shares. While
Jim Cramer supports holding the position, the fact that the company increased its quarterly dividend by 1.8% and announced back-to-school deals and teacher discounts up to
50% off might attract investors. However, TGT also faces challenges with shareholders rejecting a discrimination report proposal at the annual meeting with 91% opposition. Furthermore, TGT is planning a direct shipping strategy from its factories.
Target Corporation TGT News Analytics from Wed, 09 Apr 2025 07:00:00 GMT to Sat, 05 Jul 2025 10:25:05 GMT -
Rating -1
- Innovation -2
- Information 6
- Rumor -3
