Target Corporation reports strong sales and dividend increase, TD Cowen maintains Hold rating.
From Yahoo Finance: 2025-06-17 11:23:00
Target Corporation reported net sales of $23.8 billion in fiscal Q1 2025, with digital comparable sales up 4.7%. TD Cowen analyst Oliver Chen maintained a Hold rating and set a price target of $105.00 for Target. The company also announced its 54th consecutive annual dividend hike, with a quarterly dividend of $1.14 per common share. Target operates over 2,000 discount department stores and hypermarkets in the US and Canada.
Read more at Yahoo Finance: TD Cowen Maintains a Hold on Target (TGT)