Target Corporation, trading on the NYSE under the symbol TGT, is a well-known retail company in the United States. It operates a chain of large-format stores offering a wide range of products, including groceries, clothing, and electronics. Target competes with other major retailers like Walmart and Amazon in the retail industry.
On July 17, 2025, Wedbush updated its rating for Target to "Outperform," indicating a positive outlook for the stock. At the time of this announcement, Target's stock was priced at $103.65. This rating suggests that Wedbush expects Target to perform better than the overall market or its sector.
Target's stock ended the recent trading session at $103.65, marking a 2.28% increase from the previous day's closing price. This increase of $2.31 in the stock price reflects positive investor sentiment following Wedbush's rating update. The stock fluctuated between a low of $101.59 and a high of $103.94 during the trading day.
Over the past year, Target's stock has experienced significant volatility, with a high of $167.40 and a low of $87.35. This range indicates the stock's sensitivity to market conditions and company performance. Despite this volatility, Target maintains a market capitalization of approximately $47.1 billion, reflecting its substantial presence in the retail sector.
The trading volume for Target's stock was 4,524,501 shares, indicating active investor interest. This level of trading activity suggests that investors are closely monitoring Target's performance and potential for growth, especially in light of the recent rating update by Wedbush.
