It's a bit of an anti-oil play (their profit margins would prefer low energy prices), so to the extent that I would go long TGT for the long run, I'd like to pair it with some energy names for diversification. Seems plausible (an upswing in TGT stock) from a fundamentals perspective. In a discussion in our StockWaves trading room, she recently made this comment regarding TGT: The setup begins with one important data point from our lead fundamental analyst, Lyn Alden. As well, once this setup begins to go our way, what system do we have in place to protect profits once garnered? Here we go… Let's talk about these catalysts and what effect they would have on the stock price. We have a specific setup in Target Corporation (TGT) with a few different positive catalysts present. Where might this scenario be wrong? We point out key price levels to guide our expectations.īy Levi at StockWaves, produced with Avi Gilburt. We discuss those catalysts and how they synergize with an advantage that TGT has over its peers. Target Corporation has catalysts in place that may drive the stock higher near term. Target Corporation: Aiming For A Higher High Prior to joining Kaiser Permanente, Vemana held digital leadership positions at The Home Depot and Staples. His work included implementing critical consumer experience enhancements like the redesign of the company's mobile app and launching same-day home delivery for its pharmacy business. During his time at the company, he advanced and accelerated its digital strategy by modernizing its platforms to migrate, deploy and manage applications with greater speed and agility. Vemana joins Target from Kaiser Permanente, where he served as senior vice president and chief digital officer and led its enterprise product management and experience teams. Additionally, Vemana will provide key support for Target's industry-leading product teams across the company by bringing a holistic view to the retailer's overall product strategy. In this role, he will oversee Target's digital business, including site merchandising, user experience, digital operations and product, and Target+, the retailer's growing online third-party marketplace. 31 as a member of Target's leadership team, reporting to Chief Guest Experience Officer Cara Sylvester. Target Corporation announced the hire of Prat Vemana as executive vice president, chief digital and product officer. Target Corporation Appoints Prat Vemana as Executive Vice President, Chief Digital and Product Officer, Effective October 31, 2022
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