Target Corp’s recent filing unveils 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 $ 16.08 million.
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 $0.95 million.
Gordon Haskett downgraded its Target Corp [TGT] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in late November from “an Outperform” to “a Neutral”. Telsey Advisory Group also remained covering TGT and reiterated its “an Outperform” recommendation on November 21, 2024. HSBC Securities revised its rating on November 20, 2024. It rated TGT as “a Hold” which previously was an “a Buy”.
Price Performance Review of TGT
On Tuesday, Target Corp [NYSE:TGT] saw its stock jump 1.74% to $130.11. Over the last five days, the stock has lost -0.89%. Target Corp shares have fallen nearly -3.75% since the year began. Nevertheless, the stocks have fallen -10.29% over the past one year. While a 52-week high of $181.86 was reached on 01/28/25, a 52-week low of $120.21 was recorded on 02/12/25. SMA at 50 days reached $134.76, while 200 days put it at $145.59.
Levels Of Support And Resistance For TGT Stock
The 24-hour chart illustrates a support level at 128.36, which if violated will result in even more drops to 126.60. On the upside, there is a resistance level at 131.26. A further resistance level may holdings at 132.40. The Relative Strength Index (RSI) on the 14-day chart is 41.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.66%. Stochastics %K at 10.98% indicates the stock is a buying.
