Target Corp

Late-August exhaustion signals waning demand and likely pullback. Price is rejected at the 9- and 20-day EMAs and tracking into rising 50-day SMA support. Stage 2 advancing uptrend remains intact, supporting a medium-term bullish bias. Dividend Growth strategy favors deferred, measured entries on pullbacks into structural support. Long-term uptrend above the 200-day SMA anchors overall bullish polarity.

• ↑Q1 2026 net sales reached $25.4 billion (+6.7% YoY) with comps +5.6%.
• ↑Digital sales grew 9% in Q1; same-day delivery surged 27%.
• ↓Comparable sales declined 2.7% in Q3 and 2.8% in Q1, highlighting traffic issues.