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Nordea Investment Management raises stake in Target, now owning 0.55% worth $244M.

Market News
23 Mar 2026
Defense World
View Source
Bullish
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Nordea Investment Management increased its holdings in Target Corporation by 3.9% in Q4, acquiring an additional 93,313 shares and owning 2.5 million shares valued at $244 million. Other institutional investors also boosted their stakes, reflecting confidence in Target despite a slight revenue decline. Target recently reported better-than-expected earnings and announced a quarterly dividend, with analysts maintaining a mostly neutral to positive outlook. The company’s stock trades near its 50-day moving average with a market cap of $51.19 billion, signaling steady investor interest ahead.

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