Target Corporation is among the 15 Blue Chip Dividend Stocks for passive income. RBC Capital lowered its price target for Target to $99 from $107, noting that the company’s results were in line with expectations. Target faces challenges such as customer spending cutbacks and inflation, leading to job cuts and stagnant sales.

Despite challenges, Target’s digital sales in Q3 2025 rose 2.4%, supported by a 35% increase in same-day services. The company, a reliable dividend payer for 54 years, remains resilient. Target offers groceries, clothing, electronics, and household goods through its physical stores and online platform.

While Target has investment potential, some AI stocks may offer greater upside with less risk. For those seeking undervalued AI stocks, consider options that benefit from Trump-era tariffs and onshoring trends. For long-term investors, explore high-quality dividend stocks that outperform the S&P 500.

Read more at Yahoo Finance: RBC Reduces Target (TGT) Valuation After In-Line Results and Updated Model