Target (TGT) Upgrade Alert, Watch for 16% Technical Uptrend Continuation
Oct 28, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Target Corp. (TGT)
Target (NYSE:TGT) upgraded to Buy from Sell, $61 target, at Citigroup. The stock closed yesterday at $48.45 on volume of 6,505,300 shares, below average daily volume of 8,028,418.
Target is currently above its 50-day moving average of $47.54 and above its 200-day moving average of $39.49.
SmarTrend is bullish on shares of TGT and our subscribers received an Uptrend alert on July 23, 2009 at $41.78, which has returned 16% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: Target Corp. (TGT)
Related terms: market, nyse, securities
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