Why Target Stock Keeps Going Up
Shareholders are buying into the discount chain's new growth strategy.
Overview
Shares of Target (NYSE: TGT) rose over 7% this past week after the retail giant gave investors more evidence that its turnaround plan is working.
Image source: Target.
Target is returning to its discount roots. The big-box chain slashed prices on over 10,000 items during the past year. It's also investing in store redesigns and upgrading its merchandise assortments.
Details
Source
Originally published at www.fool.com.
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