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Watch for Shares of Target Corp (TGT) to Approach Resistance at $233.58

Jun 08, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Target Corp (NYSE:TGT) opened today above their pivot of $231.31 and have already reached the first level of resistance at $232.24. Analysts will be watching for a cross of the next upside pivot targets of $233.58 and $235.85.

In the past 52 weeks, Target Corp share prices have been bracketed by a current low of $0.00 and a high of $232.66 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.2%.

Potential upside of 0.0% exists for Target Corp, based on a current level of $0.00 and analysts' average consensus price target of $75.56. Target Corp shares should first meet resistance at the 200-day moving average (MA) of $181.24 and find additional resistance at the 50-day MA of $211.67.

SmarTrend is tracking the current trend status for Target Corp and will alert subscribers who have TGT in their portfolio or watchlist when shares have changed trend direction.

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