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The company is one of the largest American-owned private employers in the United States. The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962, while the parent company was renamed the ...
Douglas Dayton. Douglas James Dayton (December 2, 1924 – July 5, 2013) was an American retail executive, businessman, and philanthropist and heir to the Dayton's Company fortune who was the co-founder of the Target discount stores chain. Dayton ran Target's operations during its early years and served as the company's first president.
The average analyst’s 12-month price target is $148.67, with a low estimate of $110.79 and a high of $181.00. While this can hardly be considered a ringing endorsement by analysts, the stock is ...
Retail investors have been able to buy stock in Target (TGT) for nearly 60 years. The company went public in 1967 -- it was the Dayton Corporation then, and Target was just one of five divisions.
However, Target managed to preserve its profit margins by shedding $500 million in expenses, part of a $2 billion cost-cutting plan. Target's stock fell 4.4% in 2023, lagging the S&P 500's 24% ...
A backlash against Target occurred in the lead up to Pride Month in 2023 after the American retailer released its Pride month merchandise, sparking attacks and threats from conservative, anti-LGBTQ groups. [1] [2] In May 2024, Target announced that not all stores would carry its 2024 pride collection.
It divides the company's share price by its earnings per share (EPS) -- the lower, the better. Then, we'll take things up a notch with a more advanced metric: enterprise value to unlevered free ...