Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $237.50 short put and a strike $232.50 long put offers a potential 21.95% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $237.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $232.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Target is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Target is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Target
Stock-Split Watch: Is Target Next?
Thu, 01 Jul 2021 11:39:00 +0000
Yogi Berra once said, “You better cut the pizza in four pieces because I'm not hungry enough to eat six.” Investors seem to love stock splits, even though splits don't change any meaningful aspect of their holdings. Several high-profile companies recently have announced stock splits, including a 10-for-1 split from The Trade Desk (NASDAQ: TTD), and an upcoming 4-for-1 split by NVIDIA (NASDAQ: NVDA).
Here's Why Target Stock Has Been on Fire in 2021
Thu, 01 Jul 2021 11:30:00 +0000
Target (NYSE: TGT) was one of the prime beneficiaries of customer shopping during the pandemic. In contrast, it looks like habits developed during the pandemic are sticking around, and that's great news for Target. In fact, that's the main reason Target stock is on fire in 2021.
The Zacks Analyst Blog Highlights: Exxon Mobil, Freeport-McMoRan, General Motors, Target and Intuit
Thu, 01 Jul 2021 10:48:10 +0000
The Zacks Analyst Blog Highlights: Exxon Mobil, Freeport-McMoRan, General Motors, Target and Intuit
Target (TGT) Stock Sinks As Market Gains: What You Should Know
Wed, 30 Jun 2021 21:45:09 +0000
Target (TGT) closed at $241.74 in the latest trading session, marking a -0.05% move from the prior day.
These Top-Dividend Stocks Have 140 Years of Payout Raises Between Them
Wed, 30 Jun 2021 18:59:00 +0000
Because investors put a premium on stability, they've created short-hand ways to classify dividend stocks with the longest track records for continuous raises. A smaller subset of that list is referred to as Dividend Kings, companies that have increased their annual payouts for at least 50 consecutive years, going back to 1971 or earlier. PepsiCo (NASDAQ: PEP), Target (NYSE: TGT), and McDonald's (NYSE: MCD) are all highly likely to earn that status.
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