Goldman Sachs Upgrades Target (TGT) to Buy

January 10, 2011 7:00 AM EST
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Price: $70.19 --0%

Rating Summary:
    7 Buy, 22 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Goldman Sachs upgraded Target (NYSE: TGT) from Neutral to Buy with a $62 price target.

The upgrade comes as the firm downgraded Wal-Mart (NYSE: WMT) as the firm switches focus on mid-tier for mid-cycle.

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

Shares of Target closed at $55.05 yesterday.

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