Rumor has it that Microsoft will be launching the Lumia 950 and the Lumia 950 XL as its flagship devices this year. Pictured: The Microsoft logo hangs from a store window. Reuters/Joshua Lott

Ever since the Microsoft Band fitness tracker-cum-smartwatch was launched in October, it has been available with a price tag of $199. Now, Target is selling it with a 25 percent discount.

The Microsoft Band is now available for only $150 at Target. It is a limited-time offer that will expire July 25. The device is available for that price only at Target stores.

Initially, the Microsoft Band was not available outside the U.S.; it was sold exclusively at Microsoft’s online store and its retail outlets. Because of limited stocks, it was not available through other retailers.

Phone Arena’s review states that the device's always-on heart rate sensor can accurately determine the number of calories the wearer has burned. The Band is available in three sizes. By pairing it with a Windows Phone, Android or iOS smartphones through Bluetooth, users can receive notifications on the device's display. Other features include an accelerometer, gyrometer, GPS, microphone, UV sensor and skin temperature sensor. The battery can last up to two days on a charge.

Users and reviewers have been positive about the wearable. Microsoft has not officially said how many units have been sold, according to CNET.

Microsoft announced it will be at the upcoming IFA event in Berlin, where it is expected to unveil several devices powered by Windows 10. It's believed the company will unveil a successor model of the Microsoft Band.

What do you think about the new discount on the Microsoft Band? Does it interest you? Let us know your thoughts by posting comments.