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3 Predictions for Target Stock

Target stock has dropped, but there's a silver lining.

By Travis Hoium – Sep 14, 2023 at 7:00AM EST

Target (TGT +0.39%) absolutely has some bright spots in its operations as stores become a hub of a digital strategy. In this video, Travis Hoium makes three predictions about the company's future and how Target's stock could outperform the market. 

*Stock prices used were end-of-day prices of Sept. 12, 2023. The video was published on Sept. 13, 2023.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Target Stock Quote
Target
NYSE: TGT
$116.27
(+0.30%)+$0.35

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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