Target Corporation to Webcast 3rd Quarter Earnings Conference Call on Wednesday, November 16, 2016
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UBS Remains Sidelined on Target (TGT) Following 3Q - PT to $78
November 17, 2016 10:11 AM ESTUBS reiterated a Neutral rating on Target (NYSE: TGT), and raised the price target to $78.00 (from $72.00), following the company's 3Q earnings report. While the retail backdrop remains challenging, UBS thinks that TGT's -1% to 1% 4Q comp guidance is achievable. It seems to have a competitive product lineup for the holidays. The 10% off promo it ran in Aug. provided a chance to test its systems in... More
Jefferies Remains Sidelined on Target (TGT) Following 3Q - PT to $75
November 17, 2016 8:36 AM ESTJefferies reiterated a Hold rating on Target (NYSE: TGT), and raised the price target to $75.00 (from $72.00), following the company's 3Q earnings report. Electronics & entertainment underperformed, but Q3 improved with new product introductions. Pharmacy scripts in the CVS business at Target continue to run below... More
