Target (TGT) Tops Q4 EPS by 57c, Beats on Revenue; Offers Strong Guidance
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Go back to Target (TGT) Tops Q4 EPS by 57c, Beats on Revenue; Offers Strong Guidance
March 6, 2024 5:11 AM EST
Evercore ISI analyst Greg Melich raised the price target on Target (NYSE: TGT) to $180.00 (from $165.00) while maintaining a In Line rating.
The analyst comments "Target is committed to returning to consistent topline growth, traffic, and share gain aka flipping the switch from Go Time to Grow Time. The goal is $50bn+ of incremental... More
March 6, 2024 4:18 AM EST
BMO Capital analyst Kelly Bania raised the price target on Target (NYSE: TGT) to $170.00 (from $145.00) while maintaining a Market Perform rating.
The analyst comments "Meaningful GM% improvement supported F24 EPS beating original plans despite significantly weaker comps. Management guided F25 EPS to M-HSD%... More
March 6, 2024 4:16 AM EST
Goldman Sachs analyst Kate McShane raised the price target on Target (NYSE: TGT) to $194.00 (from $176.00) while maintaining a Conviction Buy rating.
The analyst comments "TGT closed up +12% (vs the S&P 500 at -1%) after its 4Q beat and in-line FY24 guidance given... More
March 6, 2024 4:06 AM EST
Roth/MKM analyst Bill Kirk raised the price target on Target (NYSE: TGT) to $153.00 (from $140.00) while maintaining a Neutral rating.
The analyst comments "Despite stronger profitability, 4Q represented the worst y/y Holiday quarter since 2008. Despite easier comparisons, physical stores'... More
