Target, JD, Goodyear rise premarket; TJX, Advance Auto Parts fall
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TD Cowen Downgrades Target (TGT) to Market Perform, 'Stretched Consumer Will Continue to Pressure Growth'
November 16, 2023 5:31 AM ESTTD Cowen analyst Oliver Chen downgraded Target (NYSE: TGT) from Outperform to Market Perform with a price target of $148.00 (from $161.00).
The analyst comments "What remains impressive is that TGT is a much bigger and better business since 2019 and pre-pandemic. We acknowledge discretionary comparisons ease considerably in the 2H24, which could... More
