Target Corporation Reports Third Quarter Earnings

Go back to Target Corporation Reports Third Quarter Earnings

Target (TGT) PT Lowered to $165 at Jefferies

November 21, 2024 7:59 AM EST

Jefferies analyst Corey Tarlowe lowered the price target on Target (NYSE: TGT) to $165.00 (from $195.00) while maintaining a Buy rating.

The analyst comments "TGT reported Q3 results below cons and lowered its FY guidance to account for the ongoing pressure. Specifically, discretionary categories continue... More

Target (TGT) PT Lowered to $150 at DA Davidson

November 21, 2024 5:32 AM EST

DA Davidson analyst Michael Baker lowered the price target on Target (NYSE: TGT) to $150.00 (from $190.00) while maintaining a Buy rating.

The analyst comments "We think the consumer spending environment heading into the holiday season is starting to get a bit better. But, even... More

Target (TGT) PT Lowered to $130 at Evercore ISI

November 21, 2024 5:29 AM EST

Evercore ISI analyst Greg Melich lowered the price target on Target (NYSE: TGT) to $130.00 (from $165.00) while maintaining a In Line rating.

The analyst comments "Target's 3Q results missed reduced expectations, with down 4.5pct two-year comp, 60bps of EBIT margin pressure, pushing 2024... More

Target (TGT) PT Lowered to $137 at Stifel

November 20, 2024 4:37 PM EST

Stifel analyst Mark Astrachan lowered the price target on Target (NYSE: TGT) to $137.00 (from $165.00) while maintaining a Hold rating.

The analyst comments "We lower F2024-F2026 estimates following disappointing F3Q24 results and a below consensus F4Q24 outlook. We reduce... More

Citi Downgrades Target (TGT) to Neutral

November 20, 2024 7:45 AM EST

Citi analyst Paul Lejuez downgraded Target (NYSE: TGT) from Buy to Neutral with a price target of $130.00 (from $188.00).

The analyst comments "We are downgrading TGT from Buy to Neutral. Though 3Q may have had some unique challenges, we believe very poor... More

Target (TGT) Misses Q3 EPS by 45c, Misses on Revenue; Offers Weak FY25 EPS Guidance

November 20, 2024 6:34 AM EST

Target (NYSE: TGT) reported Q3 EPS of $1.85, $0.45 worse than the analyst estimate of $2.30. Revenue for the quarter came in at $25.67 billion versus the consensus estimate of $25.87 billion.

GUIDANCE:

Target sees FY2025 EPS of $8.30-$8.90, versus the consensus of $9.52.

For earnings history and earnings-related data on Target (TGT) click here.

... More