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26.08.2025 03:10:00
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Where Will Target Stock Be in 3 Years?
Target (NYSE: TGT) stock investors haven't had much to celebrate lately. The retailer's shares are down nearly 40% in the three years ended in mid-August, as compared to a 57% rally in the wider market. To add insult to injury, peers like Costco (NASDAQ: COST) and Walmart (NYSE: WMT) outperformed the S&P 500 by a wide margin in that period.Yet investing is about the future, not the past, and it is possible that Target's bad run is setting shareholders up for a multi-year rally. With that prospect in mind, let's look at the potential for this struggling stock to return to its prior winning ways.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool