Target Corporation (TGT) has been in the spotlight due to several notable activities. The company recently declared an
increase in its quarterly dividend to $1.12, and its shareholders have seen significant returns, accumulating to an impressive 87% over the past five years. Financial institutions, including First Bank & Trust and Calton & Associates, continue to maintain substantial holdings in the company.
Updates to the leadership team have also been announced. A collaboration with Shopify has been announced to expand Target Plus Market offerings on its website. Furthermore, Target has announced a
major rollout of GenAI Technology across its stores, which has garnered investor interest. It has also reported its Q1 and Q4 earnings for 2023 and 2024. Despite a
miss on earnings estimates for Q1 2024, Target remains a preferred investment choice for many, particularly given its robust dividends. In a bid to support its customers, the retailer is lowering the prices on 5,000 frequently shopped items. The incorporation of more than 1,000 new wellness-focused products and the introduction of a new brand called
'dealworthy' are expected to enhance customer experience.
Target Corporation TGT News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 30 Jun 2024 14:14:56 GMT -
Rating -3
- Innovation 5
- Information 8
- Rumor -2
