Target: Something Has To Change

  • Target is currently undervalued, trading at a significant discount to its historical averages and peers, despite solid fundamentals and a strong dividend yield. Negative sentiment and strategic uncertainty have weighed on the stock, but past examples like Walmart and McDonald's show recovery potential after similar periods. Key catalysts for upside include improvement in operating margins, digital segment growth, and a turnaround in store traffic, supported by ongoing buybacks and dividends.