A whale with a lot of money to spend has taken a noticeably bearish stance on Target.
Looking at options history for Target (NYSE:TGT) we detected 15 strange trades.
Hightower Advisors' Stephanie Link believed one discount retailer's stock offered a buying opportunity so great, she was willing to sell one of her favorite names to jump in.
Shares of Target Inc. (NYSE:TGT) decreased by 8.15% in the past three months. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials.
Although the all-items index increased 7.7% for the twelve months ending October, this was the smallest 12-month increase since the period ending January 2022.
Meanwhile, food inflation increased by 0.6% in October to 10.9% unadjusted year-over-year.
Over the past three months, shares of Target Inc. (NYSE:TGT) moved higher by 0.89%. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
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