Target (TGT) Tops Q3 EPS by 7c; U.S. Comps Outpace
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Target (TGT) Accelerating Earnings May 'Carry The Day', but Multiple Looks Stretched - Goldman Sachs
November 20, 2014 9:00 AM ESTGoldman Sachs maintained a Neutral rating on Target (NYSE: TGT) and raised its price target to $68.00 (from $61.00). The change follows Q3 results and guidance. For now accelerating earnings growth overshadows challenges, said analyst Matthew J. Fassler, but he thinks its multiple looks stretched.
"TGT is experiencing several... More
Target (TGT) PT Raised to $76 at Piper Jaffray Amid Solid Q3 Results
November 20, 2014 6:40 AM ESTPiper Jaffray analyst Sean Naughton reiterated an Overweight rating and boosted his price target on Target (NYSE: TGT) to $76.00 (from $68.00) following Q3 adjusted EPS of $0.54 versus its initial guidanceof $0.40-$0.50.
Naughton commented, "On the call, management acknowledged that a marketing shift... More
