Target Corp’s recently made public that its Executive Officer Gomez Richard H. unloaded Company’s shares for reported $1.0 million on Sep 27 ’24. In the deal valued at $157.17 per share,6,348 shares were sold. As a result of this transaction, Gomez Richard H. now holds 123,551 shares worth roughly $18.53 million.
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Then, Gomez Richard H. bought 6,348 shares, generating $997,716 in total proceeds.
Before that, LIEGEL MATTHEW A sold 1,000 shares. Target Corp shares valued at $153,130 were divested by the Chief Accounting Officer at a price of $153.13 per share. As a result of the transaction, LIEGEL MATTHEW A now holds 7,276 shares, worth roughly $1.09 million.
Bernstein initiated its Target Corp [TGT] rating to a Mkt perform in a research note published on October 22, 2024; the price target was $168. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “an Outperform”. Telsey Advisory Group also remained covering TGT and reiterated its “an Outperform” recommendation on August 22, 2024. Evercore ISI maintained its rating on August 22, 2024. It rated TGT as “an In-line”.
Price Performance Review of TGT
On Monday, Target Corp [NYSE:TGT] saw its stock fall -0.56% to $149.99. Over the last five days, the stock has gained 0.46%. Target Corp shares have risen nearly 5.32% since the year began. Nevertheless, the stocks have risen 35.04% over the past one year. While a 52-week high of $181.86 was reached on 04/01/24, a 52-week low of $105.23 was recorded on 08/05/24. SMA at 50 days reached $152.97, while 200 days put it at $153.52.
Levels Of Support And Resistance For TGT Stock
The 24-hour chart illustrates a support level at 148.97, which if violated will result in even more drops to 147.94. On the upside, there is a resistance level at 151.85. A further resistance level may holdings at 153.71. The Relative Strength Index (RSI) on the 14-day chart is 45.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.71%. Stochastics %K at 20.77% indicates the stock is a holding.
How much short interest is there in Target Corp?
A steep rise in short interest was recorded in Target Corp stocks on 2024-10-15, dropping by 46457.0 shares to a total of 14.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 14.29 million shares. There was a decline of -0.33%, which implies that there is a negative sentiment for the stock.
