Target is up a bit on the day, funds flowing in kept the price up 1.08% since yesterday. It looks like TGT may be interacting with an upward sloping support line. These can create nice entry points since it can have both momentum and support. Target has been drifting up over the last few months, I wouldn't be too surprised if it gets a little bounce here.
We don't see much indication of strong resistance levels above this. So Target will probably have some room to run if it can break out. If Target continues to break down lower from here, it'll likely fall until it gets to $118.44 at which point previous buyers at this level may move in and give it support.
The analysts are pretty neutral on Target right now, so not much useful information here. The current Analysts Sentiment Score is 4.25. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Evercore ISI provided a price target decease of -1.64% to $180.00 from $183.00 on 2024-04-16. Gordon Haskett provided a price target boost of 10% to $220.00 from $200.00 on 2024-04-04. On 2024-04-01 Jefferies Financial Group increased their price target by 5.13% to $205.00. Tigress Financial decided to move up their price target on 2024-03-27 to $210.00 which is a 16.67% increase. On 2024-03-06 there was an upgrade provided by Deutsche Bank Aktiengesel from Hold to Buy and moved up their price target to $206.00 which is a 38.26% increase. HSBC announced an upgrade on 2024-03-06 from Hold to Buy and moved up their price target to $195.00 which is a 39.29% increase. On 2024-03-06 The Goldman Sachs Group increased their price target by 10.23% to $194.00. On 2024-03-06 Barclays increased their price target by 19.01% to $169.00. On 2024-03-06 Stifel Nicolaus increased their price target by 15.69% to $177.00. On 2024-03-06 Telsey Advisory Group increased their price target by 21.88% to $195.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| TGT | 4.25 | 2.62 | -0.45 | 6.77 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| TGT | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| TGT | 1.23 | %1.5 | 1.4 | -17.424 | 7100000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
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