TGT - Target Corporation

NYSE - NYSE Delayed Price. Currency in USD
86.16
-0.31 (-0.36%)
At close: 4:00PM EDT

86.36 +0.20 (0.23%)
After hours: 7:54PM EDT

Stock chart is not supported by your current browser
Previous Close86.47
Open86.54
Bid86.18 x 800
Ask86.33 x 2200
Day's Range85.63 - 86.75
52 Week Range60.15 - 90.39
Volume3,446,353
Avg. Volume5,114,726
Market Cap44.143B
Beta (3Y Monthly)0.85
PE Ratio (TTM)15.07
EPS (TTM)5.72
Earnings DateAug 20, 2019 - Aug 26, 2019
Forward Dividend & Yield2.64 (3.05%)
Ex-Dividend Date2019-08-20
1y Target Est88.20
Trade prices are not sourced from all markets
  • Target stock tumbles after nationwide weekend outage
    Yahoo Finance Video3 days ago

    Target stock tumbles after nationwide weekend outage

    A technical error during routine system maintenance caused Target cash registers nationwide to fail, and the stock to reel on Monday. Yahoo Finance Editor-at-Large Brian Sozzi joins The Final Round to discuss.

  • Businesses head to DC to make their case against tariffs
    Yahoo Finance Video3 days ago

    Businesses head to DC to make their case against tariffs

    Businesses from across the country are making their way to Washington to ask the Trump administration not to put tariffs on products they import from China. Yahoo Finance's Jessica Smith joins Seana Smith.

  • News on the move: Hong Kong protests, Target outage, and more
    Yahoo Finance Video3 days ago

    News on the move: Hong Kong protests, Target outage, and more

    Yahoo Finance's Adam Shapiro fills you in on the latest news stories that you need to know.

  • Companies to Watch: Huawei expects revenue drop, GE redesigns plane engine, Target apologies
    Yahoo Finance Video3 days ago

    Companies to Watch: Huawei expects revenue drop, GE redesigns plane engine, Target apologies

    Huawei, General Electric, Target, Google, Sony and AT&T are the companies to watch.

  • 7 Blue-Chip Stocks to Buy for a Noisy Market
    InvestorPlace8 hours ago

    7 Blue-Chip Stocks to Buy for a Noisy Market

    No matter where you look recently, the concept of stocks to buy in any industry looks risky. For years, poor and worsening relations between the U.S. and China have dominated media headlines. That situation does not appear to have an imminent solution. But several other factors are now weighing on domestic markets.First, the Trump administration threatened tariffs on imported goods on Mexico unless they helped control Central American migration. The two sides reached an agreement, but the underlying relationship is icy. Second, India has hit the U.S. with retaliatory tariffs due to the latter kicking out the former from its preferential-trade program. Finally, an inverting yield curve threatens the markets, including even viable blue-chip stocks.Again, from all angles, this environment looks like an absolute mess. Invariably, if these headwinds come to roost at once, we would face substantial volatility. Still, I'm confident in the longer-term case for blue-chip stocks to buy. No matter how bad the economy gets, companies must still get business done.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 Therefore, I think it pays to pick relevant, "big-ticket" names for your portfolio. Should the worst happen, they'll likely ride the storm better. If not, even better: a rising tide lifts all boats. With that in mind, here are seven blue-chip stocks to buy now: AT&T (T)Source: Shutterstock Let's face facts: giant blue-chip stocks to buy are simply not in vogue anymore. Markets now place more emphasis on nimble organizations that can react to business changes. That's a good quality, particularly if a recession occurs. I still think some wiggle room exists if your name is AT&T (NYSE:T).Is T stock a perfect play? No. I understand the many criticisms that focus on AT&T's massive debt load. At just under $164 billion on the latest read, it's like the gross domestic product of a small nation. I also hear rumblings about its massive and so far disappointing deals, such as DirecTV. Finally, AT&T is hardly what you call a great growth opportunity.Those are all fair points. But it's also important to note that almost every business-related innovation of tomorrow will require 5G technology. With geopolitical tensions with our greatest adversaries in China and Russia, leading in 5G is absolutely critical. Like it or not, this simple fact benefits T stock, and I'm willing to roll with the punches. International Business Machines (IBM)Source: Shutterstock One of the aforementioned innovations that will benefit from the 5G rollout is the cloud; specifically, the mobile-cloud segment. Prior-generation mobile technologies lacked the connectivity speeds to make mobile-cloud apps anything but rudimentary. But once 5G becomes the new standard in wireless internet, it opens up the door for innovators like International Business Machines (NYSE:IBM).I concede that among blue-chip stocks to buy, Big Blue doesn't typically generate excitement. After a strong start to this year, pensive trading has characterized the last few months. Stakeholders of IBM stock are left to wonder if the company's old version is coming back to bite them.Certainly, I sympathize with the hesitation. However, I think it's important to understand that at its core, IBM stock represents viable, big-ticket synergies. IBM is one of the top cloud providers, but it's more than that. The company leads in multiple high-value technologies, such as deep learning, artificial intelligence, and automation.What has set back IBM stock in the past is a lack of cohesion in bringing these synergies together. But key acquisitions, such as the recent Red Hat deal, offers a new vision. Essentially, IBM is laying the groundwork for a comprehensive and scalable solution for cloud applications. We're really talking about IBM 2.0, but the market doesn't realize it yet. Therefore, this is easily one of the stocks to buy right now. ConocoPhillips (COP)Source: Shutterstock So much has changed over the past few decades. One huge development I noticed was in the parking lot of my local Target (NYSE:TGT) store. I noticed rows and rows of Tesla (NASDAQ:TSLA) electric vehicles all waiting to park in a designated area. Initial confusion led to a quick realization: they're waiting their turn to "gas" up.Given the EV revolution, it's hard to imagine spending too much investor dollars on oil giants like ConocoPhillips (NYSE:COP). Although COP stock benefits not just from automotive use, demand is demand. Back when EVs were not a thing, oil companies could play fast and loose with their pricing: at the end of the day, we could complain but what good would it do?Now that consumers have alternatives to fossil-fueled cars, it seems blue chips that are levered to traditional energy markets are going to plummet. However, EVs have their own quirks and inefficiencies that obviously don't make it to the dealership brochure. Plus, let's think about what would happen if EV owners had their way.Imagine if millions of EV owners across America decided to charge up their cars in the dead of summer: we're talking wide-scale brownouts and blackouts. And are we likely to upgrade our infrastructure to accommodate EVs? That's why you should still take a look at COP stock. Southern Co (SO)Source: Shutterstock Speaking of energy-related blue-chip stocks to buy, concerned investors should take a look at Southern Co (NYSE:SO). Logically, if we do have a comprehensive EV revolution, investments like SO stock could jump far higher than they already have.I want to point out that I'm not a fossil-fuel snob. Admittedly, it's a little weird when I see a car silently streak from a standstill to 60 miles per hour. And the cars from the green Formula E racing series sounds like a dog whistle…if I were a dog. But EVs are better for the environment and I get all that jazz.But folks, energy is energy, which requires conversion of a static element to a kinetic force. That process necessarily impacts the environment, but it's something that we all put up with to power our digital lifestyles.For sure, an underlying political factor exists. At some point in the future, fossil-fuel energy may go by the wayside. However, utility firms like Southern Co will very likely be always relevant. They represent an essential cog of our digitalization gear, which is why I like SO stock. Toyota (TM)Source: Shutterstock It's not a perfect comparison, but it's a good starting point for a discussion. On a year-to-date basis, Toyota Motor (NYSE:TM) -- an automotive titan among blue-chip stocks to buy -- is up into double-digit territory, albeit slightly. Tesla, however, is staring at a staggering loss of nearly 30%.Of course, TM stock is winning bigly against TSLA, which is supposed to represent the best of American automotive engineering. I don't think this is a fluke. While the two companies differ in their choice of catalysts, they still have the same headwinds. For example, millennials don't really care for car ownership. Second, geopolitical tensions and trade-related conflicts impose significant pain. Thus, one is doing okay while the other is floundering under the same circumstances.Furthermore, after recently looking into the details of EV ownership, I've come to this conclusion: pure EVs are rich people's toys. They're quirky, lose significant capacity under temperature extremes, and for Tesla, they're not very reliable. That really hurts because EVs, with fewer moving parts, should be inherently more reliable than internal-combustion powered vehicles.Now let's consider the implications for TM stock. For decades, Toyota has garnered worldwide accolade for reliability. In fact, many of their cars are what I would call stupid-reliable. Plus, Toyota has the luxury Lexus brand that appeals to the snob.So while autos generally aren't a great play, TM is one of the stocks to buy for the long haul. Boeing (BA)Source: Phillip Capper via FlickrIf you're judging Boeing (NYSE:BA) strictly on the headlines, it's almost impossible not to have serious doubts. When the first fatal accident involving a Boeing 737 Max occurred, the company enjoyed the benefit of the doubt. As a result, BA stock experienced a relatively quick recovery from the Lion Air incident.But when a 737 Max operated by Ethiopian Airlines tumbled out of the sky, we had a horrific pattern. With mounting evidence against Boeing, BA stock had nowhere to go but down. Understandably, shares still haven't recovered from its bearish trajectory because the optics remain terrible. For instance, Boeing's CEO recently admitted mistakes in communicating the company's onboard-safety system that's at the center of the debate.Sadly, that's just the human-tragedy element of this story. BA stock also faces a competitive threat from Airbus (OTCMKTS:EADSY). Airbus offers very similar products with one obvious advantage: their planes don't kill people.Yet I'd still put Boeing on my list of blue-chip stocks to buy. Of course, this is a riskier contrarian play. However, because the airplane-manufacturing industry is so massive, airliners can't just willy-nilly switch producers. Basically, they have to suck it up, which like it or not benefits BA. Aflac (AFL)Source: Shutterstock I've been around the block long enough to know that the best laid plans don't always go your way. That's the primary catalyst driving stocks to buy in the insurance industry. The biggest one on most people's minds is health insurance. But contrary to common assumptions, just having basic medical coverage won't protect you from financial catastrophe. That's where Aflac (NYSE:AFL) comes in.You probably know Aflac from their comical commercials featuring the talking duck. But AFL stock and its underlying entity does serious business, specializing in supplemental insurance. Their website gives a great explanation of one of their products, demonstrating that a broken leg averages costs over $7,100. Traditional health insurance may only cover 60% of that care, leaving you on the hook for nearly $2,900.For most families, they may not have that money laying around to pay off this unexpected bill. Aflac's supplemental coverage, though, would cover most of that cost, leaving only a minor net out-of-pocket expense.The best part about AFL stock is that it's not just about accident coverage; instead, Aflac offers solutions for multiple segments, including critical illnesses and short-term disabilities.And with the labor market having improved significantly over the years, people may want to protect what they've earned. That's why you shouldn't overlook Aflac when considering blue-chip stocks to buy.As of this writing, Josh Enomoto is long T stock. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post 7 Blue-Chip Stocks to Buy for a Noisy Market appeared first on InvestorPlace.

  • The Target Stock Dip Was Barely a Blip
    InvestorPlace11 hours ago

    The Target Stock Dip Was Barely a Blip

    For all the headlines it caused, the two-day outage at Target (NYSE:TGT) checkouts barely registered with investors.Source: Mike Mozart via Flickr (Modified)All told, TGT stock lost about 1.5% in the past two days, after thousands of people abandoned their shopping carts and just walked out of stores over the weekend.The cash register outage came just a month after stellar earnings sent the stock shooting upward, from barely $70 per share on May 16 to nearly $90 per share a month later. The company in May said same-store sales grew 4.8% on 4.3% comparable traffic growth for the three months ending in April.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSince then, Target has gone from strength to strength. It raised the dividend slightly, re-launched its in-house media company as Roundel, and announced same-day delivery through Shipt, a grocery delivery service acquired in 2017. Macro vs. Micro for TargetUnlike the massive 2013 data breach that eventually cost CEO Gregg Steinhafel his job in 2016, the two-hour outage on June 14 was seen as a problem caused by regular maintenance. A second, smaller problem processing credit cards on Father's Day was blamed on vendor NCR (NYSE:NCR). * 7 Value Stocks to Buy for the Second Half Rather than attack Target as negligent, most analysts chose to focus on how any company could be hit by such problems, given how dependent they are on giant, interconnected computing systems. There was a sigh of relief that no Target customer data was lost.Target's strategy under current CEO Brian Cornell has been to match its larger rivals in technology but differentiate itself with smaller stores inside urban centers, something Walmart (NYSE:WMT) abandoned earlier in the decade.While the fallout from the tech outage is likely to be brief, Target shares will be hit by general market turbulence. Consider that the Morgan Stanley (NYSE:MS) business conditions index is forecasting a recession ahead.A spike in jobless claims and a bad employment report for May are far more likely to impact Target shares or rivals like Walmart and Kroger (NYSE:KR) than the weekend's problems. Wait for ItIn general, conditions at stores like Target, once called "discount" stores, have been improving. Sales for May are up 3.2% year-over-year. While shopping malls continue to dwindle, stand-alone discounters like Target continue to rack up gains.Historians will note that Target itself emerged from the now-defunct Dayton-Hudson department store chain. The remaining stores rebranded as Marshall Field's and became part of what's now Macy's (NYSE:M) in 2005.Target, meanwhile, has been called Walmart's primary competitor. Even though the Arkansas-based chain is more than seven times its size, Target is more profitable. It brought $3 billion out of $75 billion in sales last year to the net income line. Compare that to $6 billion on $514 billion for Walmart. Despite this, and a dividend yielding 3.1% after its latest raise, Target currently sells for just 15 times trailing earnings. That's less than half Walmart's figure. Both are worth about 60 cents for each dollar of sales. The Bottom Line on TGT StockThe macro news is bound to overwhelm the micro news in the short term. Target's glitch is being treated as just that and, sadly, isn't a buying opportunity.If the economy doesn't collapse, Target under CEO Brian Cornell is in good shape, and a bargain for investors seeking income. If there is a recession, Target is well-positioned to get through it, but you might want to wait to see how deep the current fear goes before jumping in.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear , available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post The Target Stock Dip Was Barely a Blip appeared first on InvestorPlace.

  • The Zacks Analyst Blog Highlights: Target, Dollar General, Ross Stores and TJX
    Zacks12 hours ago

    The Zacks Analyst Blog Highlights: Target, Dollar General, Ross Stores and TJX

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  • Aaron's (AAN) Up 19% in 3 Months: Will Momentum Sustain?
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  • 4 Retail Stocks That Added 10% or More in a Month Despite Odds
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  • Financial Times21 hours ago

    Trump to meet Xi at G20 but says trade deal must be ‘fair’

    Donald Trump on Tuesday praised Chinese president Xi Jinping as a “terrific” leader, but said he would only agree to a trade agreement with Beijing if both sides reached a “fair deal”. Speaking at the launch of his 2020 re-election campaign in Florida, Mr Trump suggested he was not desperate to secure a deal to end the trade war as the two leaders prepared to hold talks at the G20 summit in Japan later this month.

  • Moody's2 days ago

    Target Corporation -- Moody's announces completion of a periodic review of ratings of Target Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Target Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Motley Fool2 days ago

    Papa John’s Auditor Swap Is Not a Good Look

    The pizza purveyor once again proves itself incapable of not making matters worse, this time with a very poorly timed change.

  • Kroger Reports Earnings Below a 'Death Cross'
    Investopedia2 days ago

    Kroger Reports Earnings Below a 'Death Cross'

    The markets will be looking for guidance related to online sales and in-store foot traffic in the supermarket chain's upcoming report.

  • Amazon Aims to Launch Booze Delivery Services in San Francisco
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  • Dollar General's Bull Run Fueled by Better Comps & Pricing
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  • These 4 Discount Retail Favorites Command Your Attention
    Zacks2 days ago

    These 4 Discount Retail Favorites Command Your Attention

    Discount retailers have succeeded in creating a niche despite the rising popularity of online retailers that has compelled many traditional operators to exit.

  • Weekend meltdown may cost Target, but probably not for long
    American City Business Journals2 days ago

    Weekend meltdown may cost Target, but probably not for long

    Target Corp. cash registers seemed to be up and running again Monday after two days of technical glitches, and analysts said it was unlikely that the retailer would suffer much in the way of long-term fallout from customers — assuming the company puts the problem behind it quickly.

  • Markit2 days ago

    See what the IHS Markit Score report has to say about Target Corp.

    Target Corp NYSE:TGTView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for TGT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding TGT are favorable, with net inflows of $12.79 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. TGT credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Financial Times2 days ago

    ECB must end conjuring tricks and begin a structural overhaul

    When the euro was launched, the public was told that the currency union could operate successfully without a “transfer union” or a “debt union”. Mario Draghi’s solution has been to do “whatever it takes” and to offer the necessary transfers and debt support as far away from public view as possible. Mr Wolf suggests that the next ECB president should be someone who, like Mr Draghi, can “pull new rabbits out of the hat”.

  • Amazon Is Improving the Whole Foods Experience
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  • Walmart's Taking On Target's Shipt and Amazon Prime Now
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    Walmart's Taking On Target's Shipt and Amazon Prime Now

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  • Target Stock Is Still One of the Best Retail Plays
    InvestorPlace3 days ago

    Target Stock Is Still One of the Best Retail Plays

    It's no secret that Amazon (NASDAQ:AMZN) shook up the retail sector, especially the brick-and-mortar boxes. That created a global trend to shift most shopping transactions online. This is not a fad and it is still in its infancy stage so it won't reverse anytime soon. All retail companies are either already present online or scrambling to get there, so the acceleration is exponential. There are a few winners but most are struggling, Most brick-and-mortar stores continue to suffer even after a decade of the AMZN shock. Some have perished along the way, and many outcomes are still in limbo.Source: Mike Mozart via Flickr (Modified)But there are clear winners like Target (NYSE:TGT), Costco (NASDAQ:COST) and Walmart (NYSE:WMT) who are still thriving. Today's write-up is to share an upside opportunity that could take Target stock to $120 per share.Year-to-date, Target stock is up 32%, which is at least 17% better than WMT and AMZN and almost double that of Costco. The SPDR S&P Retail ETF (NYSEARCA:XRT) is merely up 2% for the same period. Macy's (NYSE:M) and Kohl's (NYSE:KSS) are down 25% in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsClearly, Wall Street is in favor of Target's prospects. However, the next few upticks won't be easy as it is headed into resistance.Last year ended badly for stocks. The disaster started in October and TGT stock, like the rest of them, fell off a cliff on Oct. 2, but it fought hard a month before finishing the 33% correction from September top to December bottom. But since then, TGT rebounded hard and rallied 45% to recover the entire correction. * 7 Top-Rated Biotech Stocks to Invest In Today When a stock recovers from a massive accident and reaches the ledge from which it fell, usually it encounters selling. Investors who got stuck long TGT close to $90 will want out. Besides pivot zones, this usually creates congestion in price action, which translates into resistance. So, TGT will need time and a few pushes to breach through the October accident scene.The TGT rally was not sector-wide as only the stars have bounced well. The XRT, M, KSS and JC Penny (NYSE:JCP) did not recover. So clearly investor sentiment still favors owning TGT, WMT or COST in retail.This is not a coincidence since they have all used thin margins as a power pitch for a long time, even before Amazon. So this made it a fair fight among the four. WMT and COST compete the hardest in that area, but Target lies somewhere in the in the middle.Even though its stock is up more than the other three winners it is still the cheapest of them as well. TGT has a price-to-earnings ratio of 16, which is half that of WMT and COST and five times cheaper than Amazon.So why is Target the stock to buy? It's doing things right and it's still cheap. It's just a matter of picking the right entry point.Since it's coming into resistance, those who are looking to own Target shares for the long term can start with a partial position now thereby leaving room to build it up in the next few weeks.More active traders can chase the break out above the highs. TGT stock will attract buyers above $89.20 but then more at $90.50. It is important to note that it could already be in a breakout targeting $97 per share. Crossing the all-time high could raise the target to $120 per share. The bulls have been setting higher lows attacking necklines. They already crossed the one near $83 and the all-time high is the next. How to Approach Target Stock NowFundamentally, Target management found a few niches in technology and fashion and they have avoided many of the typical retail pitfalls. They've always been a bargain play but with style and they continue to build upon those tools. They've even skirted a few headlines in the past few years, so this team is competent enough to get the job done.I can say the same for Walmart and COST, but they are both too expensive right now from my taste. Wall Street is giving them too much love so they are vulnerable to negative headlines. Conversely, TGT has less froth to shed on bad news. Yes, it's more expensive than say Macy's, but for good reason -- cheaper is not always better.Critics say that Wall Street is too flippant in the face of many concerns. But this time, unlike like last year, the Federal Reserve are no longer raising rates, in fact consensus is that they are going to cut rates maybe as early as this week. So they will prop up stocks if they need to, even though we have full employment and a strong retail environment. * The 10 Best Index Funds to Buy and Hold This is pretty close to Utopia, where good and bad economic news are good for stocks. This is why the bears are unable to maintain selling pressure on the indices too long, unlike they did last fall. The buy-the-dip-gang is in full control … for now.Case in point, sellers tried to break the Target stock rally in April but they failed. Buyers successfully defended it and finished the rally job.In summary, there are few winners in the retail sector and among them TGT stock is most interesting now. But since we are still in the middle of a whirlwind of geopolitical headlines, it's best to start with a partial position thereby leaving room to add some more ever time. After all the equity markets are near all-time highs so they are vulnerable to corrections.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post Target Stock Is Still One of the Best Retail Plays appeared first on InvestorPlace.

  • Benzinga3 days ago

    Target Apologizes For 'Frustrating Shopping Experience' Over Weekend

    The registers at Target went offline for two hours Saturday, leaving customers unable to complete transactions. The outage was the result of an "internal technology issue," the retailer said in a statement issued the same day. A Twitter user posted a video of dozens of Target shoppers waiting in line with their carts.