03:14 PM EST, 11/25/2024 (MT Newswires) -- Consumer stocks rose late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1.5%.

In corporate news, Target ( TGT ) shares popped 5.3%. The company was reinstated among the top picks of Oppenheimer, which said in a note Monday that it sees a "very compelling risk/reward scenario" developing for the retailer following recent challenges. Oppenheimer has an outperform rating on Target's ( TGT ) stock with a $165 price target.