Comments from Pershing Square's Bill Ackman On Target (TGT)
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Price: $154.48 -0.66%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +3.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +3.5%
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Ackman says outsourcing to TIP REIT will increase Target's (NYSE: TGT) cash flow and truly enhance its balance sheet. TIP REIT will be one of most stable companies in the world by owning the valuable land underneath Target. Target's EPS growth rate will surpass what it would as a standalone company.
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William Ackman, Pershing Square CapitalSign up for StreetInsider Free!
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