Target Stock Is Crushing the Market This Year. Is It Time to Buy?

2026-03-04 11:23:00 ET

Shares of Target (NYSE: TGT) are up more than 23% year to date, obliterating the S&P 500's return over the same period. This outperformance was aided by the company's fourth-quarter update this week, which saw better-than-expected profit margins and early signs of a top-line recovery.

With some fresh quarterly numbers to mull over, it is a good time to take a look at the stock and test the market's optimism for the company.

Is the stock attractive here, or has the stock's big gain this year already priced in the good news?

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