I'm following a three decade trend of TGT bouncing off the 200SMA on the monthly chart. I believe there is a lot of upside for the stock and valuation. TGT has had several years of downside due to the post-covid response from consumers with significant cost of living increases. TGT has also recently been struggling with public backlash over DEI program cancellation, and tariff concerns.
With that said, I believe we should have strong support dating back several decades and most of the negative news should be priced in at this point. RSI indicates TGT being oversold.
4.76%
Annual dividend yield
With that said, I believe we should have strong support dating back several decades and most of the negative news should be priced in at this point. RSI indicates TGT being oversold.
4.76%
Annual dividend yield
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.