Bullish bets increase on Target

|About: Target Corporation (TGT)|By:, SA News Editor

Target (TGT) has a bright fundamental future, according to Westwood Management fund manager Matthew Lockbridge.

Though next week's earnings report could show some trouble spots for the retailer, Lockbridge thinks Target is set for long-term gains as a solid management team guides it through a tough patch.

Options traders are also warming up to Target as the put/call ratio leans decidedly bullish.