It may be true. I work at a target. If there are any left at any given store, they will probably clearance to around that price sometime next week. Some items like that end up getting sent back to the manufacturer though, because its too big of a hit to sell it below cost. I know for a fact any canon camera's that the target stores have left that will not still be carried, will end up sent back to canon, and not clearanced/sold.
so its a YMMV thing.