Target Corporation (TGT): A Bull Case Theory

We came across a bullish thesis on Target Corporation (TGT) on Value Investing Subreddit Page by Old_Front7436. In this article, we will summarize the bulls’ thesis on TGT. Target Corporation (TGT)'s share was trading at $132.39 as of Dec 6^th. TGT’s trailing and forward P/E were 14.04 and 13.18 respectively according to Yahoo Finance.

[caption id="attachment_1198779" align="aligncenter" width="768"] A woman purchasing groceries at a Target store, with a cart full of products.[/caption]

Target’s stock has declined nearly 50% from its peak, presenting a potential mispriced...