Target doubles growth forecast, but cites caution as consumers remain stretched
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Target (TGT) PT Raised to $127; Piper Sandler 'Incrementally More Positive' on Stock
May 20, 2026 3:28 PM EDT(Updated - May 21, 2026 9:02 AM EDT)
(Updated - May 21, 2026 9:02 AM EDT)
Piper Sandler analyst Peter Keith raised the price target on Target (NYSE: TGT) to $127.00 (from $121.00) while maintaining a Neutral rating.
The analyst commented: "Incrementally More Positive Following Q1... More
