Target sees sales recovery in 2024, unveils paid membership tier
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Target (TGT) PT Raised to $180 at Evercore ISI, 'Bears will pick at the fundamentally lower margins'
March 6, 2024 5:11 AM ESTEvercore 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
Target (TGT) PT Raised to $170 at BMO Capital, 'Returning to Growth May Be Costly'
March 6, 2024 4:18 AM ESTBMO 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
Target (TGT) PT Raised to $194 at Goldman Sachs, 'return to top line growth support solid FY24 outlook'
March 6, 2024 4:16 AM ESTGoldman 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
Target (TGT) PT Raised to $153 at Roth/MKM, 'Physical Comp Sales Continue to Slide'
March 6, 2024 4:06 AM ESTRoth/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
