Use access key #2 to skip to page content.
$39.86 -2.49 (-5.88%)
10/7/2008 4:03 PM

Target Corp (TGT)

CAPS Rating:
***

The Company operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. It offers both everyday essentials and fashionable, differentiated merchandise at exceptional prices.

View All Commentary (TGT)

Recs

1

Avatar mphilli12 (76.16) Submitted: 3/14/08 9:43 AM : Outperform Start Price: $50.32 TGT Score: 3.54

Go with what you know. I shop at Target a couple times a week. They've had 5 years excellent growth and are currently in the market to sell their credit card business, which would give the company substantial liquidity. I don't believe consumers will stop spending in this market, especially considering the government's tax "spending" incentive refunds.

Report this Post Replies: 1 | Reply

Avatar louisbecke (86.62) Submitted: 3/23/08 5:10 PM

Recs: 0 | Rec This

Selling all or some of their credit card business may increase liquidity but to sell receivables in this environment they would probably have to take a big write down.

Report this Post Reply

Featured Broker Partners