Target stock is making a strong bounce back as the market has rallied in the past five days. The retailer is up 30.3% over the past five days. Adding to its momentum is the derailment of the company’s idea to spin off its real estate assets into a real estate investment trust or REIT. During this same time the Dow Jones Industrial Average is up 2.7%. Further good news came as credit ratings agency Fitch, if their opinion is worth anything, kept their rating and outlook for Target stock at A.
Target Stock Up 30% Last 5 Days
Tags: dow, fitch, rally, reit, target stock
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