Target’s Stock Is Rallying Like It’s 2009

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Target’s Stock Is Rallying Like It’s 2009
France Dernières Nouvelles,France Actualités
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Target is on track to end the month with the biggest gains of any S&P 500 stock

Target Corp. is on track to close out a volatile month for markets with its biggest gain in more than a decade.

The retailer’s shares have climbed 21% so far this month, with the rally picking up pace after it reported another quarter of strong sales. If that holds through the end of the week, Target will end August with its best monthly performance since March 2009, as well as cement its status as the best-performing stock in the S&P 500 for the month.

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