Target Corporation to Webcast 3rd Quarter Earnings Conference Call

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Piper Jaffray Reiterates Overweight as Target (TGT) Experiences Slowdown in Digital Platform; Still Seeks 40% Digital Growth

November 18, 2015 3:59 PM EST

Piper Jaffray reiterated an Overweight rating and $88.00 price target on Target (NYSE: TGT) following the company's 3Q earnings report. Target posted strong comps in Q3 (+1.9%) which accelerated 70bp on a 2-yr basis. Target's merchandising initiatives continue to resonate with its guests as traffic improved +1.4% in... More

UPDATE: Wal-mart's (WMT) Strong Traffic Growth Keeps Piper Jaffray Bullish on Target (TGT); Reiterates Outperform

November 17, 2015 11:44 AM EST

(Updated - November 17, 2015 11:57 AM EST)

Piper Jaffray reiterated an Overweight rating and $88.00 price target on Target (NYSE: TGT) following Wal-mart's (NYSE: WMT) 3Q comps. Walmart reported a +1.5% comp for its U.S. business, in-line with... More