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Target Corporation (TGT): A Bull Case Theory 

We came across a bullish thesis on Target Corporation on Quality Value Investing’s Substack by David J. Waldron. In this article, we will summarize the bulls’ thesis on TGT. Target Corporation's share was trading at $105.47 as of January 30th. TGT’s trailing and forward P/E were 10.43 and 11.05 respectively according to Yahoo Finance.

Target Corporation (NYSE: TGT) is a large-cap, dividend-paying retailer in the U.S. consumer staples sector, operating as a general merchandise store with a strong in-person presence, particularly among Millennials. Founded in 1902 and...