Target (TGT) volatility elevated into Q3 and capital guidance

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Target (TGT) PT Lowered to $62 at Stifel Following Mixed 3Q

November 15, 2017 4:44 PM EST

Stifel lowered its price target on Target (NYSE: TGT) to $62.00 (from $65.00) while maintaining a Hold rating following the company's 3Q earnings report. Target reported mixed F3Q17 results with better-than-expected comp store sales growth of 0.9%, compared to consensus of 0.4% growth, offset by higher costs.... More