Where Will Target Stock Be in 3 Years?
(NYSE: TGT) proved itself to be a winning stock for investors during the early days of the pandemic. The company's digital sales platform and delivery options were just what shoppers were looking for as coronavirus cases soared -- contactless shopping was the priority for many. All of this helped Target increase its level of annual revenue by about $30 billion in just a few years.
But in more recent times, the company's earnings and stock price have suffered. The retailer has faced a variety of headwinds -- from pressure on the consumer's wallet to theft in stores and disappointment from shoppers about the general shopping experience. Target has recognized these and other problems and is taking major steps to turn things around.
Where will Target stock be in three years? Let's find out.
Source Fool.com
Target Corp. Stock
Currently there is a rather positive sentiment for Target Corp. with 24 Buy predictions and 7 Sell predictions.
With a target price of 98 € there is a slightly positive potential of 7.1% for Target Corp. compared to the current price of 91.5 €.
