|Bid||79.15 x 2000|
|Ask||79.16 x 4200|
|Day's Range||78.86 - 80.10|
|52 Week Range||65.28 - 81.99|
|PE Ratio (TTM)||19.02|
|Dividend & Yield||2.04 (2.55%)|
|1y Target Est||N/A|
Target said it is raising its minimum wage to $11 an hour starting next month and to $15 an hour within three years, as the retailer competes to fill low-wage jobs in a tighter labor market.
The US unemployment rate is at its lowest in years. Jobs are plentiful, and Americans are quitting like it’s 2006. This is good news for employees—less so for major retailers. In theory, bountiful jobs means pressure on employers to boost wages so they can find and keep talent. But in reality, American wages have barely…
Target said it would raise its minimum wage to $11 per hour with a goal of $15 by 2020, following a trend of retailers and cities pushing for higher pay.