- Shares of Target (TGT) shrug off news that an Alabama credit union filed a class action lawsuit against it to remain higher than where they stood pre-security breach crisis.
- The company's customers are "sticky" despite the recent hiccups because of their adherence to the REDcard program, notes some retail analysts. Also behind the scenes is Target's $4B buyback program which might be adding some strategic support to share price.
- TGT +0.2% premarket.
Teflon Target still doing just fine
Jan 3 2014, 09:07 ET