Target (TGT 1.05%) said that profits are falling as cost increases outpace revenue growth.
*Stock prices used were the afternoon prices of Nov. 19, 2024. The video was published on Nov. 21, 2024.
Why Is Target Stock Crashing, and Is It a Buying Opportunity?
By Parkev Tatevosian, CFA – Nov 23, 2024 at 11:15AM EST
NYSE: TGT
Target
Market Cap
$45B
Today's Change
(-1.05%) $1.04
Current Price
$98.01
Price as of December 19, 2025 at 4:00 PM ET
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Target
NYSE: TGT
$98.01 (0.01%) $1.04
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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