Target (TGT) Tops Q3 EPS by 6c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus

Go back to Target (TGT) Tops Q3 EPS by 6c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus

Target (TGT) PT Lowered to $50 at Morgan Stanley

November 16, 2017 8:50 AM EST

Morgan Stanley lowered its price target on Target (NYSE: TGT) to $50.00 (from $52.00) while maintaining a Underweight rating.

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Target (TGT) PT Lowered to $59 at Jefferies

November 16, 2017 7:28 AM EST

Jefferies lowered its price target on Target (NYSE: TGT) to $59.00 (from $60.00) while maintaining a Hold rating following Q3 results and FY18 guidance that disappointed some investors.

Analyst Daniel Binder noted additional factors were the deceleration in ecommerce growth and higher inventory growth versus sales.

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Target (TGT) PT Lowered to $52 at Goldman Sachs on 3Q Report; '4Q Guide Still Looks Conservative'

November 16, 2017 7:26 AM EST

Goldman Sachs lowered its price target on Target (NYSE: TGT) to $52.00 (from $55.00) while maintaining a Sell rating, following the company's third quarter earnings report.

Analyst Matthew Fasler notes a reduced price target, as management provided a conservative fourth quarter outlook based on... More

Target (TGT) PT Raised to $58 at Citi on 3Q Report; 'Solid 3Q... There Remains Uncertainy Over Near- and Medium-Term Prospects'

November 16, 2017 7:21 AM EST

Citi raised its price target on Target (NYSE: TGT) to $58.00 (from $56.00) while maintaining a Neutral rating, following the company's third quarter earnings report.

Analyst Kate McShane notes an increased in the price target, as the company reported third quarter earnings per share and... More

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

Target (TGT) Price Target Lowered To $53 at Gordon Haskett

November 15, 2017 11:20 AM EST

Gordon Haskett Hold Target (NYSE: TGT) price target of $53.00.

The analyst lowers the modeled EPS estimates and therefore cuts the price target.

For an analyst ratings summary and ratings history on Target click here. For more ratings news on Target click here.

Shares of Target closed at $60.09 yesterday.

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Target signals another weak holiday quarter, shares tumble

November 15, 2017 6:47 AM EST

By Richa Naidu and Sruthi Ramakrishnan

(Reuters) - Target Corp's (NYSE: TGT) holiday-quarter profit forecast fell short of analyst expectations, sending its shares down 10 percent on Wednesday as hopes faded that the retailer would make a shopping season comeback.

Target has missed Wall Street's fourth-quarter profit expectations for the past two years. It is gearing up for the holidays by cutting prices and introducing delivery options to compete with Wal-Mart Stores Inc (NYSE: WMT) and online sellers, moves that can lure customers but crimp margins.

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