Form 8-K TARGET CORP For: May 18

Go back to Form 8-K TARGET CORP For: May 18

Cowen Affirms Target (TGT) at 'Outperform'; Q1 Comps, Q2 Outlook Light, But Traffic Still Seeing Gains

May 18, 2016 11:28 AM EDT

Cowen and Company affirms Target (NYSE: TGT) at Outperform with a price target of $88 following Q1 results, but light outlook.

Analyst Oliver Chen noted that Q1 comps of up 1.2 percent came in below the consensus estimate of a 1.7 percent gain. We're encouraged... More