**Target Corporation** has been a topical entity in market chatter, drawing both praise and criticism. The retail giant has reportedly been dubbed a **value trap** and has seen a **double rating downgrade** amid competition from Amazon. However, **Gordon Haskett** adjusted their price target on the retail behemoth to **$100** from **$95**, maintaining a 'Hold' stance. Some of the corporation’s notable shareholders include **Robeco Institutional Asset Management B.V.** and **Asset Management One Co. Ltd.** that recently increased their stakes. The company’s shares saw a surge by **1.1%**, rounding up discussions about its purchase. However, there was a visible reduction in ownership by **Balboa Wealth Partners, Sequoia Financial Advisors LLC, and Bessemer Group Inc.**. Target’s necessary shift to a **direct factory-to-home delivery model** hints at innovation while maintaining its focus on value by holding **2024 prices on school supplies** intending to support consumers during the back-to-school and college season. **Jim Cramer**, the television personality, noted that Target appeared to be the ”most problematic of retailers," observing the corporation’s compelling need to lower prices.
Target Corporation TGT News Analytics from Tue, 04 Mar 2025 08:00:00 GMT to Sat, 28 Jun 2025 11:10:27 GMT -
Rating 0
- Innovation -3
- Information 8
- Rumor -5
