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Target Corp. Message Board

  • iam.hiding@ymail.com iam.hiding Mar 11, 2013 12:57 PM Flag

    Stocks taking a pause

    Out of the very many stocks I have invested in, I have never held a position in Target. I do think its wonderful that they are giving all ex-zellers employees two interviews. I think the support at 60 is a key number most public companies grapple with. IE. not just Costco, Linked in to name a few had 60 dollar valuations just 1.5 years ago and the trajectory has now made them triple number valuation stocks IMHO. With 159 new locations coming online in Canada I would assume that this would cause some significant new revenue streams for this company. I think a price target of 100 within two years isn't too forward thinking and quite possible a valuation many options buyers may place large bets with.

 
TGT
77.21-0.99(-1.27%)Mar 6 4:06 PMEST

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