Banc of America Lowers Price Target on Target to $49

July 21, 2008 3:06 PM EDT

Earlier today, Banc of America lowered their price target on Target Corp. (NYSE: TGT) from $56 to $49, maintaining their Neutral rating.

Shares of Target are down 2.24% today to $45.82. The stock is 32% over the last year.


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