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Is Target Stock a Buy as Its Profit Margins Sink to Costco and Walmart Levels?

Is Target Stock a Buy as Its Profit Margins Sink to Costco and Walmart Levels?

Target (NYSE: TGT) is one of the best-known big-box retail giants. Let's discuss what is dragging the stock lower, and why Target is looking like a great dividend stock to buy now despite some concerns. Over the past month, its stock is drastically underperforming the S&P 500, the consumer discretionary sector, the retail industry, and even peers like Walmart (NYSE: WMT) and Costco Wholesale (NASDAQ: COST).