Trade Call on Target

18 days ago

"Stock number one, our first stock, Target. Now, Target's had a rough couple years from inventory problems to consumer pressure, political noise, and even theft issues. But underneath it all, it has real cash flow and loyal customers. I'm looking at it because despite being down 25% year-to-date and over 50% from its highs, the drop creates an opportunity. I'm currently analyzing it at $95 with a low price of 106, a high price of 250, and a middle price of 170. My middle assumption return is 17.5%."

The speaker highlights Target as an attractive trade opportunity despite recent price drops, basing the analysis on solid fundamentals, a recovery story, and a detailed DCF model that yields a middle price target of 170 with an estimated return of 17.5%.

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