Target shares are trading lower after multiple analysts lowered their price targets on the stock following Wednesday's earnings report.
Portfolio Pulse from Benzinga Newsdesk
Target's shares are trading lower after several analysts lowered their price targets on the stock following the company's earnings report on Wednesday.
May 18, 2023 | 4:15 pm
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NEGATIVE IMPACT
Target's stock price is negatively impacted by analysts lowering their price targets after the company's earnings report.
Target's stock price is trading lower due to multiple analysts lowering their price targets on the stock after the company's earnings report. This indicates a lack of confidence in the company's short-term performance, which negatively impacts the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100