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

Target Corporation (TGT): $17.26 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.49. The value of trades done on upticks was $52.34 million, whereas, trades done on downticks were valued at $35.09 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $21.08 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $2.45 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 8.62 was strongly in favor of the bulls. The money flow in block trades was $18.63 million. Target Corporation (TGT) fell $0.47 traded at $67.82, a change of -0.69% over the previous day. The stock is -1.38% for the week.


Target Corp. has lost 2.38% in the last five trading days and dropped 4.55% in the last 4 weeks. Target Corp. has dropped 2.34% during the last 3-month period . Year-to-Date the stock performance stands at -4.35%.

Target Corporation (TGT) has an average broker rating of 2.55, which is interpreted as a Hold, as rated by 15 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Target Corporation (NYSE:TGT): stock was range-bound between the intraday low of $67.73 and the intraday high of $68.36 after having opened at $68.22 on Wednesdays session. The stock finally closed in the red at $68.22, a loss of -0.69%. The stock remained in the red for the whole trading day. The total traded volume was 3,376,036 shares. The stock failed to cross $68.36 in Wednesdays trading. The stocks closing price on Thursday was $68.29.

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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