Target shares slide 21% as retailer expects stagnant holiday quarter sales
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Target (TGT) PT Lowered to $165 at Jefferies
November 21, 2024 7:59 AM ESTJefferies 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 ESTDA 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 ESTEvercore 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 ESTStifel 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 ESTCiti 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
