Holiday shock for Target as toys, electronics disappoint

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Jefferies Reiterates Hold Rating on Target (TGT)

January 15, 2020 4:18 PM EST

Jefferies analyst Christopher Mandeville reiterated a Hold rating and $140.00 price target on Target (NYSE: TGT).

The analyst comments "2019 holiday results disappointed. 4Q19 comp guidance was lowered, while 4Q/F19 EPS was reaffirmed. This weak print likely pressures TGT shares today and... More