The Target Corporation (NYSE:TGT) has witnessed a series of significant shifts recently. While players like Segment Wealth Management LLC and Hennessy Advisors Inc. have solidified their positions through substantial share purchases, companies such as Janney Capital Management LLC, Monte Financial Group LLC and Signature Wealth Management Group have noticeably raised their shareholdings in the retail giant. Considering this, the stocks register a high ownership of roughly 86% within the institutional bracket.
Nevertheless, not all is positive, as market analyst Jim Cramer has expressed concern over the retail giant's strategy, suggesting that Target has to reduce prices in order to remain competitive. This skepticism was also reinforced when shares decreased by 1.1%, likely causing firms like Envestnet Portfolio Solutions Inc., Shepherd Financial Partners LLC and Mn Services Vermogensbeheer B.V. to trim down their shareholdings. Yet, the company has also showcased a solid performance with their first quarter earnings and a push towards a multi-year enterprise acceleration office.
Target Corporation TGT News Analytics from Mon, 24 Feb 2025 08:00:00 GMT to Sat, 21 Jun 2025 14:18:54 GMT - Rating 2 - Innovation 3 - Information 8 - Rumor -5
