Target Corporation (TGT): A Bull Case Theory

We came across a bullish thesis on Target Corporation on Max Dividends’s Substack by Serhio MaxDividends. In this article, we will summarize the bulls’ thesis on TGT. Target Corporation's share was trading at $100.50 as of July 31^st. TGT’s trailing and forward P/E were 11.04 and 13.83, 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 Corporation (TGT), a Dividend King with 54 consecutive years of payout increases, is...