Target Corporation (NYSE:TGT) is included among the 15 Dividend Stocks that Have Raised Payouts for 20+ Years.
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On October 14, BTIG began coverage on Target Corporation (NYSE:TGT) with a Neutral rating, pointing to intense competition from other major retailers. The firm set its earnings per share estimates at $7.40 for fiscal 2025 and $7.85 for fiscal 2026 for the retail company.
BTIG noted that the Target Corporation (NYSE:TGT) brand continues to stand out and remain relevant in today’s retail landscape, but cautioned that the company operates in what it described as a highly competitive environment. The firm cited strong performances from rivals such as Walmart, Costco, and Amazon as key reasons behind its neutral view on TGT.
Target Corporation (NYSE:TGT) remains appealing to dividend investors, having increased its dividend payments for 54 consecutive years. The company pays a quarterly dividend of $1.14 per share and has a dividend yield of 5.07%, as of October 16.
Target Corporation (NYSE:TGT) is a major retail chain that provides a broad selection of products, including groceries and household essentials, while focusing on delivering a more curated and elevated shopping experience.
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