The Dividend Diplomats are not buying Target (TGT) at current prices around $114, preferring to wait for post-earnings stabilization or a significant dip.
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Is it TIME for THIS Dividend Stock to REBOUND in 2026?! UP ALMOST 20% in 2026! 🚀
Dividend DiplomatsMar 15, 2026
The Dividend Diplomats discuss Target (TGT), noting its recent 13% year-to-date gain and a new CEO. Despite past struggles and a 6% drop over 52 weeks, the stock is trading at a P/E of 15.59 with a 4% yield and a 62.5% payout ratio. While acknowledging potential improvements like removing synthetic colors and activist investor involvement, the hosts are not buying at current prices, preferring to wait for post-earnings price stabilization or a significant dip.
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