Target (TGT) call put ratio 1 call to 4 puts after cutting full-year profit forecast
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Morgan Stanley Cuts Estimates as Target (TGT) Reports Tough 2Q Comps
August 18, 2016 11:50 AM EDTMorgan Stanley reiterated an Underweight rating on Target (NYSE: TGT), and cut the price target to $64.00 (from $67.00), following the company's 2Q earnings report. TGT reported its second consecutive quarter of underwhelming comps & top-line guide down. Morgan Stanley expects EBITDA margins to contract 100 bps to... More
Cowen Cuts Price Target as Target (TGT) Reduces 2H Outlook
August 17, 2016 3:18 PM EDTCowen Maintained an Outperform rating on Target (NYSE: TGT), and cut the price target to $75.00 (from $81.00), as the company reduces 2H comp outlook.
Analyst Oliver Chen commented, "We lower EPS due to TGT's reduced 2H comps outlook & our PT to $75 (was $81)... More
