Target Corp

NYSE:TGTUnited States

Oct 28, 2024

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• DJ Target Stock Has Upside After Latest Price Cuts -- Market Talk, from 9:18AM ET on Monday Oct 28, 2024 by Dow Jones

  9:18AM ET on Monday Oct 28, 2024 by Dow Jones
  Companies Mentioned: TGT
  
  0918 ET - Target's recent price cuts combined with more stable trends in key categories can likely drive upside to its stock, says Jefferies' Corey Tarlowe. The analyst says the retailer's latest round of price cuts are across both discretionary and essential items as well as national and private label brands. "This is important in our view because when Target lowered prices in May, we saw a fairly substantial uptick in traffic... over the following several months," says Tarlowe. After cutting prices on 2,000 items earlier this month, Target has reduced prices on about 10,000 items so far this year. Target is up 0.5% premarket. (denny.jacob@wsj.com; @pennedbyden)
  

• DJ Target Unveils Thanksgiving Dinner Offer Priced At $20 For Four People, Or $5 Less Than A Year Ago -- MarketWatch, from 6:39AM ET on Monday Oct 28, 2024 by Dow Jones

  6:39AM ET on Monday Oct 28, 2024 by Dow Jones
  Companies Mentioned: TGT, WMT
  
  Target Corp. on Monday joined the list of retailers offering a cheaper Thanksgiving meal than last year with an offering that includes turkey, stuffing and five side dishes for $5 less than in 2023. The retailer said its Thanksgiving meal will be priced at just $20 for four people, or $5 a head. The company is also offering turkey for just 79 cents a pound-20% lower than a year ago-, a free frozen pizza offer for members of its Target Circle 360 loyalty program, plus nearly 700 new food, beverage and other items, including desserts. Walmart Inc. (WMT) said last week its Thanksgiving offer will feed eight people for less than $7 a head. Aldi said its Thanksgiving package will cost around $47 and feed 10 people, coming out to $4.70 per person. Target's stock (TGT) was slightly higher premarket and has gained 6% in the year to date, while the S&P 500 has gained 21.8%.