Target shares jump on better-than-expected Q4 comparable sales forecast

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Target (TGT) PT Raised to $162 at CFRA

January 16, 2025 10:36 AM EST

CFRA analyst Arun Sundaram raised the price target on Target (NYSE: TGT) to $162.00 (from $160.00) while maintaining a Buy rating.

The analyst comments "TGT released preliminary Q4 FY 25 (Jan.) results this morning, showing better-than-expected holiday growth and a recovery from the disappointing Q3 (Oct-Q)... More