Is Target (TGT) Undervalued On Its New SoHo Store Concept?

Target (TGT) just finished a full rethink of its SoHo store’s lower level, turning the space into a series of themed destinations that emphasize home, wellness, toys, and food experiences. Recent price action shows that momentum has cooled a little, with the 1-day, 7-day and 30-day share price returns down 2.77%, 3.11% and 5.67% respectively. At the same time, Target still carries a 90-day share price gain of 3% and a strong year-to-date share price return of 47.78%, alongside a 1-year total...