Target (TGT) option implied volatility near low end of range

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Go back to Target (TGT) option implied volatility near low end of range

Target (TGT) cut at KeyBanc on student loan payment headwinds

June 5, 2023 8:00 AM EDT

Target (NYSE: TGT) was cut to Sector Weight from Overweight at KeyBanc on Monday due to increasing consumer headwinds.

Analyst Bradley Thomas told investors in a note that while the firm still believes in Target's long-term margin recovery story, headwinds over the next 12 to 18 months,... More