Professional
Added to YB: 2024-09-30
Pitch date: 2024-09-28
TGT [bullish]
Target Corporation
-34.2%
current return
Author Info
No bio for this author
Company Info
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, young adults, kids, toddlers, and babies, as well as jewelry, accessories, and shoes; and beauty products, such as skin and bath care, cosmetics, hair care, oral care, deodorant, and shaving products.
Market Cap
$40.2B
Pitch Price
$147.56
Price Target
N/A
Dividend
5.30%
EV/EBITDA
6.15
P/E
10.73
EV/Sales
0.54
Sector
Consumer Staples Distribution and Retail
Category
turnaround
TCW Relative Value Large Cap Fund New Position: Target Corporation
TGT: Restructuring, new mgmt & products drive growth. Omnichannel focus, supply chain modernization & smaller stores boost productivity. New partnerships (DVF, Ulta, Apple, Disney) & owned brands ($1B+ sales) enhance offerings. ESG leader (AA MSCI score). Target: zero waste by 2030, net zero by 2040. Upside potential in 2 years from improved margins & earnings.
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