Target: Dividend Hike Signals Optimism, Sales Growth And Tariff Worries Persist

I reiterate my buy rating on Target due to attractive valuation, high dividend yield, and shares trading at key technical support. Despite recent earnings misses, negative sales growth, and tariff headwinds, much of the bearish outlook appears priced into the stock. Target faces tough competition and macro risks, but improved free cash flow and a 4%+ yield support the investment case.