Shares of Target Corporation (TGT) Sees Large Inflow of Net Money Flow

Target Corporation (TGT) : Target Corporation (TGT) had a healthy money flow of $3.62 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $7.47 million, whereas, investors only sold shares worth $3.85 million on downticks. The stock closed the day with an up-down ratio of 1.94.The money flow in the block trades to the tune of $3.33 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $3.33 million worth of transactions were on upticks. Target Corporation (TGT) stock slid $0.01 intraday and traded at 74.33, a change of -0.01% over previous days close. However, for the week, the company shares are 1.77% compared to previous weeks close.


Target Corporation (TGT) : Average target price received by Target Corporation (TGT) is $78.88 with an expected standard deviation of $8.97. The most aggressive target on the stock is $95, whereas the most downbeat target is $65. 16 financial analysts are currently covering the stock.

Target Corporation (NYSE:TGT): stock turned positive on Friday. Though the stock opened at $74.5, the bulls momentum made the stock top out at $74.995 level for the day. The stock recorded a low of $74.17 and closed the trading day at $74.92, in the green by 0.78%. The total traded volume for the day was 2,514,501. The stock had closed at $74.34 in the previous days trading.

In a related news, The director, of Target Corp, Darden Calvin had unloaded 37,105 shares at $67.02 per share in a transaction on May 19, 2016. The total value of transaction was $2,486,777. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Target Corporation is engaged in providing everyday essentials and fashionable, and differentiated merchandise at discounted prices. The Company offers its products through stores, online or through mobile devices. The Company sells an assortment of general merchandise and food through its store and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its urban format stores, CityTarget and TargetExpress, offer edited general merchandise and food assortments. Its digital channels include an assortment of general merchandise, including various items found in its stores, along with a complementary assortment, such as additional sizes and colors sold online. The Companys brands include Archer Farms, Simply Balanced, Boots & Barkley, Circo, Embark, Gilligan & OMalley, Market Pantry, Merona, Room Essentials, Smith & Hawken, Spritz and Sutton & Dodge.

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