Target Corporation (NYSE:TGT) shares are trading lower by 5.09% to $153.62 going into the close of Wednesday’s session. The retail & apparel sector is trading lower amid overall market weakness as investors anticipate upcoming CPI data. Major indices are also trading lower as investors assess the incoming results of the midterm elections.
What Else?
Economists are tomorrow expecting the U.S. Labor Department to report 8% CPI inflation in October, down from 8.2% in September and a peak of 9.1% in June.
Economists are also projecting core CPI inflation, which excludes volatile energy and food prices, gained 6.5% in October, down from 6.6% in the previous month…Read More
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According to data from Benzinga Pro, TGT has a 52-week high of $268.98 and a 52-week low of $137.16.
