Target's profit miss overshadows sales growth, shares tumble
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Baird Reiterates Buy on Target (TGT) Following 1Q
May 24, 2018 8:17 AM EDTBaird reiterated an Outperform rating and $85.00 price target on Target (NYSE: TGT) following the company's 1Q earnings report. 1Q EPS missed by ~5% ($1.32 vs. Street's $1.39E) as better sales were offset by softer margins (GM -20bps vs. guidance for a modest... More
Target (TGT) PT Raised to $72 at Deutsche Bank; 'One Step Forward, One Step Back'
May 24, 2018 6:46 AM EDTDeutsche Bank raised its price target on Target (NYSE: TGT) to $72.00 (from $70.00) while maintaining a Hold rating.
Analyst Mike Baker commented, "We applaud TGTs improving comp and the strategic investments the company is making to improve competitiveness in a tough operating environment.... More
