Target, Walmart shoppers seek home goods, grocery delivery online

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Target (TGT) PT Lowered to $185 at UBS

May 23, 2024 5:38 AM EDT

UBS analyst Michael Lasser lowered the price target on Target (NYSE: TGT) to $185.00 (from $191.00) while maintaining a Buy rating.

The analyst comments "In our view, TGT's 1Q had more positives than negatives. As a result, we believe the pullback in the... More

Target (TGT) PT Lowered to $181 at RBC Capital

May 23, 2024 5:36 AM EDT

RBC Capital analyst Steven Shemesh lowered the price target on Target (NYSE: TGT) to $181.00 (from $191.00) while maintaining a Outperform rating.

The analyst comments "With the majority of the easy gross margin wins in the rearview, the focus, in our opinion, will shift... More

Target (TGT) PT Lowered to $175 at Wells Fargo

May 23, 2024 5:25 AM EDT

Wells Fargo analyst Edward Kelly lowered the price target on Target (NYSE: TGT) to $175.00 (from $190.00) while maintaining a Overweight rating.

The analyst comments "Timing the recovery has gotten trickier with macro uncertainty, but it's tough to ignore the risk/reward at current levels with the stock at... More

BofA Securities Reiterates Buy Rating on Target (TGT)

May 23, 2024 5:18 AM EDT

BofA Securities analyst Robert Ohmes reiterated a Buy rating and $190.00 price target on Target (NYSE: TGT)

The analyst comments "We reiterate our Buy. While near-term sales remain pressured, we believe TGTs focus on value positions it well for share gains going forward. Recently... More

Target (TGT) PT Lowered to $170 at Stifel

May 22, 2024 3:53 PM EDT

Stifel analyst Mark Astrachan lowered the price target on Target (NYSE: TGT) to $170.00 (from $177.00) while maintaining a Hold rating.

The analyst comments "Our F2024-F2025 estimates are largely unchanged following F1Q24 results where operating profit was ~2% below consensus. Despite the lower... More

Target (TGT) PT Lowered to $190 at DA Davidson

May 22, 2024 3:23 PM EDT

DA Davidson analyst Michael Baker lowered the price target on Target (NYSE: TGT) to $190.00 (from $195.00) while maintaining a Buy rating.

The analyst comments "Although TGTs valuation multiple is not overly demanding, the magnitude of TGTs margin and EPS beats over the... More

Target (TGT) PT Lowered to $160 at CFRA

May 22, 2024 3:05 PM EDT

CFRA analyst Arun Sundaram lowered the price target on Target (NYSE: TGT) to $160.00 (from $171.00) while maintaining a Hold rating.

The analyst comments "We cut our 12-month target to $160 from $171, 17x our FY 25 (Jan.) EPS of $9.44 (cut from $9.52; FY 26 up to $10.52 from $10.40) and... More