Target lowering prices on 5,000 items in bid to lure more shoppers
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/8/2026
Go back to Target lowering prices on 5,000 items in bid to lure more shoppers
May 22, 2024 9:07 AM EDT
KeyBanc analyst Bradley Thomas reiterated a Sector Weight rating on Target (NYSE: TGT).
The analyst comments "TGT results remain challenged by the consumer environment but show ongoing improvement and should support positive comps in 2Q. 1Q results were mixed, reflecting soft but improving trends... More
May 22, 2024 8:22 AM EDT
Telsey analyst Joseph Feldman reiterated an Outperform rating and $195.00 price target on Target (NYSE: TGT).
The analyst comments "Target reported mixed 1Q24 results, with an inline comp of (3.7%), but slightly lower EPS of $2.03 vs. the FactSet consensus (FS) of $2.06 and our estimate of $2.10. The total comp of (3.7%) reflects a flattish... More
May 22, 2024 7:56 AM EDT
Stifel analyst Mark Astrachan reiterated a Hold rating and $177.00 price target on Target (NYSE: TGT).
The analyst comments "Target reported F1Q24 results with comp consistent with consensus and operating income slightly below consensus mainly due to higher D&A expenses. Comp declined 3.7%, consistent with consensus, with operating... More
May 22, 2024 7:14 AM EDT
Roth/MKM analyst Bill Kirk reiterated a Neutral rating and $153.00 price target on Target (NYSE: TGT).
The analyst comments "With: 1) physical comparable store sales little improved throughout the boycott (1Q'24 -4.8% y/y vs. 2Q'23 - 4.3% y/y); 2) continued pressure on discretionary assortment; 3) increased... More
