As many analysts are growing increasing optimistic about target stock, one of the items that seems to really be helping the company is its cash position.  Given the uncertain credit times having a nice (and growing) amount of cash on hand is very important.  In the first quarter of 2010, Target’s cash position increased significantly at a 16% rate.  They did this while also retiring over $1 billion in debt to further strengthen its financial position.  In  addition, the company made a token gesture in repurchasing just under $400 million of its outstanding shares.  All of this is very positive news, but the store must keep consumers coming in and its sales reports glowing in order to reassure investors.  From a balance sheet standpoint, however, things look strong.