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Barclays Maintains an 'Overweight' on Target (TGT); Raising Estimates

August 18, 2011 2:11 PM EDT
Get Alerts TGT Hot Sheet
Price: $167.20 +0.37%

Rating Summary:
    25 Buy, 19 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 17
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Barclays maintains an 'Overweight' on Target (NYSE: TGT) price target of $60.00.

Barclays analyst says, "Given upside to the quarter and expectations for continued solid execution, we are raising our 2011 and 2012 EPS estimates to $4.25 and $4.30, respectively, including our expectations for dilution from Canada of $(0.20) and $(0.35), respectively."

For more ratings news on Target click here and for the rating history of Target click here.

Shares of Target closed at $50.55 yesterday.


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