Score: Negative (25)
17 days at current score.
Downgraded from Neutral on August 28th 2017
- Perception of the company's creditworthiness is neutral
- Bearish sentiment is moderate and increasing
- Economic output in this company's sector is expanding
Short interest | Neutral
Short interest is moderate for TGT with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on August 25.
ETF/Index ownership | Neutral
ETF activity is neutral. ETFs that hold TGT had net inflows of $6.88 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year.
Credit default swap | Neutral
The current level displays a neutral indicator. TGT credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.
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