Why Target Is a Hot Stock Again

By Travis Hoium – Mar 6, 2024 at 4:23PM

NYSE: TGT

Target

Market Cap

$76B

Today's Change

(0.18%) $0.30

Current Price

$164.74

Price as of April 26, 2024, 4:00 p.m. ET

Target is expecting to return to growth in 2024, and investors like the company's trends.

Target's (TGT 0.18%) earnings showed the company making progress on margins, and investors are cheering the expected return to growth in 2024. In this video, Travis Hoium digs into the most important numbers for the company.

*Stock prices used were end-of-day prices of March 5, 2024. The video was published on March 6, 2024.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Target, and Walmart. 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.