wwwPosted Dec 26th 2007 10:45AM by Paul Foster
Filed under: Target Corp. (TGT), Options
Target Corp. (NYSE: TGT) issued a weaker than expected mid-month sales update on December 24. TGT is recently trading at $50.90. TGT will report December sales on January 10. Jeffries has a hold rating on TGT. TGT over all option implied volatility of 44 is above its 26-week average of 37 according to Track Data, suggesting larger risk.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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