Friday, June 12, 2015

Target's Capital Returns Aren't On Target


  • Target announced details of an improved capital return plan.
  • The details of the plan are far less impressive than the headlines numbers and the excitement stirred up from the early release of the details.
  • Target is offering up the potential for solid yields, but the company has a poor history of implementing previous buybacks.
The news of updated Target (NYSE:TGT) capital returns received a ton of media attention over the last few days due to internal company issues and possibly undue respect for the headline numbers.

Read the full article on Seeking Alpha.


Disclosure: No positions mentioned. Please review the disclaimer page for more details. 



No comments: