Midday movers: Tesla slips; Target surges

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GitLab Inc (GTLB) print was good, but 'bulls wanted great' - BTIG

March 7, 2024 11:00 AM EST

Reacting to GitLab Inc's (NASDAQ: GTLB) latest earnings release, analysts at BTIG said it was a good fourth-quarter print for the company, but bulls wanted a great print.

Nevertheless, the firm reiterated a Buy rating and $71 per share price target on the... More

Target (TGT) PT Raised to $180 at Evercore ISI, 'Bears will pick at the fundamentally lower margins'

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

Target (TGT) PT Raised to $170 at BMO Capital, 'Returning to Growth May Be Costly'

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

Target (TGT) PT Raised to $194 at Goldman Sachs, 'return to top line growth support solid FY24 outlook'

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

Target (TGT) PT Raised to $153 at Roth/MKM, 'Physical Comp Sales Continue to Slide'

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

Wedbush remains bullish on Apple (AAPL), 'brighter days will be ahead'

March 5, 2024 9:27 AM EST

Despite Apple (NASDAQ: AAPL) shares continuing to decline, analysts at Wedbush continue to remain bullish on the stock.

The firm said Tuesday that the current sentiment is "dismal" with China headwinds impacting the stock, but they remain positive on the iPhone maker.

"While investor sentiment around the AI Revolution is reaching a feverish pitch, on... More