How Does Target’s Price Stack Up After Employee Survey Reveals Doubts About Company Direction?

If you are staring at Target’s current share price and wondering whether it is time to buy, hold, or pass, you are not alone. It’s been a bumpy ride lately, and you want to feel confident about whichever direction you choose. In the last week alone, shares managed to bounce up by 2.7%, suggesting there is still life in the stock despite deeper losses over the past year. Longer-term performance tells a tougher story: down 3.2% for the month, and a steep drop of almost 38% in the past year. That sort of drawdown has left many investors anxious, but also potentially opened up a window of opportunity for anyone who believes in a turnaround story.

So, why the volatility? Part of the picture comes from shifting company news. The recent…

Source link