Negative: Target stock fell after disappointing Q4 results, competition outmatched, growth stalled, bleak fiscal outlook.
From Nasdaq: 2025-03-09 04:09:00
Target (NYSE: TGT) stock fell after reporting Q4 and full-year results, down over 30% in a year. With a 53-year dividend streak, it’s a Dividend King. The competition has outmatched Target, with Walmart and Costco achieving record results. Target’s growth stalled due to mismanaged inventory and flat revenue. A strategic plan aims for $15B in sales by 2030. Fiscal 2025 outlook is bleak, but stock is attractively priced. Despite small dividend raises, payout remains manageable. Target is a high-conviction buy for patient investors. Motley Fool’s top 10 stocks don’t include Target.
Read more at Nasdaq: This 3.8%-Yielding Dividend King Stock Is a No-Brainer Buy to Generate Passive Income
