Looking At Target's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Target Corporation (NYSE:TGT), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $125.0 and $190.0. TD Cowen has maintained their Outperform rating on Target, with a price target of $166.

July 12, 2023 | 4:33 pm
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Target Corporation (NYSE:TGT) has seen unusual options activity, with a majority of investors taking a bearish stance. This could potentially impact the stock's price in the short term.
The unusual options activity, particularly the bearish stance taken by a majority of investors, indicates a potential downward pressure on Target's stock price in the short term. However, the maintained Outperform rating by TD Cowen could counteract some of this pressure.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100