Form 8-K TARGET CORP For: Nov 19

Go back to Form 8-K TARGET CORP For: Nov 19

Target (TGT) Accelerating Earnings May 'Carry The Day', but Multiple Looks Stretched - Goldman Sachs

November 20, 2014 9:00 AM EST

Goldman 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