Target Corporation (NYSE:TGT) is included among the 15 Dividend Stocks that Have Raised Payouts for 20+ Years.
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On October 14, BTIG began coverage on Target Corporation (NYSE:TGT) with a Neutral rating, pointing to intense competition from other major retailers. The firm set its earnings per share estimates at $7.40 for fiscal 2025 and $7.85 for fiscal 2026 for the retail company.
BTIG noted that the Target Corporation (NYSE:TGT) brand continues to stand out and remain relevant in today’s retail landscape, but cautioned that the company operates in what it described as a highly competitive environment. The firm cited strong performances from rivals such as Walmart, Costco, and Amazon as key reasons behind its neutral view on TGT.
Target Corporation (NYSE:TGT) remains appealing to dividend investors, having increased its dividend payments for 54 consecutive years. The company pays a quarterly dividend of $1.14 per share and has a dividend yield of 5.07%, as of October 16.
Target Corporation (NYSE:TGT) is a major retail chain that provides a broad selection of products, including groceries and household essentials, while focusing on delivering a more curated and elevated shopping experience.
While we acknowledge the potential of TGT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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