1. As of noon trading, Target ( TGT) is down $1.54 (-2.2%) to $69.00 on heavy volume Thus far, 5.6 million shares of Target exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $68.75-$69.75 after having opened the day at $69.03 as compared to the previous trading day's close of $70.54. Target Corporation operates general merchandise stores in the United States. Target has a market cap of $45.3 billion and is part of the services sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 19.2% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Target Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE. If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.