Target (TGT) Tops Q3 EPS by 21c; Comps Outpace; Outlook Raised
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Go back to Target (TGT) Tops Q3 EPS by 21c; Comps Outpace; Outlook Raised
November 17, 2016 10:11 AM EST
UBS 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
November 17, 2016 8:36 AM EST
Jefferies 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
November 16, 2016 1:52 PM EST
Buckingham Research analyst John Zolidis reiterated a Buy rating and raised his price target on Target (NYSE: TGT) to $85.00 (from $79.00) following strong Q3 results.
Zolidis commented, "TGT is reporting improving sales trends and EPS growth despite headwinds including e-commerce encroachment, a highly promotional environment,... More
