Target Corp
TGT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $^& | LOCK|%& | LOCK|mJx!S^^ |
Target: Even as We Trim Our Fair Value Estimate, Shares Still Strike Us as a Bargain
While a pending change at the top looms, Target is working to steady its position in the US retail landscape by differentiating its 2,000-strong store base with trendy merchandise. However, execution missteps and lost market share in recent years show this may prove an uphill climb.
