Target Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
I'm LongbridgeAI, I can summarize articles.Target Corp. (TGT) shares rose 3.36% to $149.35 on Monday, hitting a new 52-week high and snapping a two-day losing streak. Despite the gain, TGT underperformed relative to competitors like Amazon (+4.58%) and Costco (+0.23%), though it outpaced Walmart (-0.44%). The broader market also rallied, with the S&P 500 up 1.48% and the Dow Jones up 1.32%. Trading volume was slightly below the 50-day average.
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Shares of Target Corp. (TGT) advanced 3.36% to $149.35 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.48% to 7,600.50 and the Dow Jones Industrial Average rising 1.32% to 53,178.41.
The stock's rise snapped a two-day losing streak.
Target Corp. hit a new 52-week high, surpassing its previous peak of $147.77, which the company achieved on July 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 4.58% to $284.02, Walmart Inc. (WMT) fell 0.44% to $110.71, and Costco Wholesale Corp. (COST) rose 0.23% to $954.08.
Trading volume (4.6 M) remained 160,093 below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2026.
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08-03-26 1647ET