Target India Shifts to AI Integration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
According to Target India President Andrea Zimmerman, the company is moving from "using AI to running on AI," but the shift in the pricing of the technology is leading the retailer to reassess the way it is deployed, Haripriya Suresh and Aishwarya Venugopal of Reuters reports. "It's about the intentional use and integration of AI rather than deploying it everywhere...," Zimmerman said, according to Reuters.
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Analyst Views on TGT
Wall Street analysts forecast TGT stock price to fall
26 Analyst Rating
8 Buy
14 Hold
4 Sell
Hold
Current: 128.650
Low
80.00
Averages
98.83
High
126.00
Current: 128.650
Low
80.00
Averages
98.83
High
126.00
About TGT
Target Corporation is a general merchandise retailer selling products to its guests through its stores and digital channels. The Company offers customers, referred to as guests, differentiated merchandise and everyday essentials at discounted prices. The majority of its stores offer a wide assortment of general merchandise and groceries. Its merchandise categories include apparel and accessories, beauty, food and beverage, hardlines, home furnishings and decor, household essentials, and other merchandise sales. Most of its stores are larger than over 170,000 square feet, offer a variety of general merchandise and a full line of groceries comparable to traditional supermarkets. Its digital channels include merchandise assortment, including many items found in its stores, along with a complementary assortment sold by the Company and third parties through our Target Plus digital marketplace. Its brands include A New Day, All in Motion, Art Class, Auden, Ava & Viv, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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