DA Davidson Maintains Buy Rating for Target: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DA Davidson has maintained its Buy rating for Target (NYSE:TGT) but lowered its price target from $200.00 to $193.00. Target shares are currently trading down 4.14% at $154.29 per share.
May 18, 2023 | 5:00 pm
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DA Davidson maintains Buy rating for Target, lowers price target from $200 to $193. Target shares are trading down 4.14% at $154.29.
DA Davidson's decision to maintain a Buy rating for Target indicates a positive outlook for the company. However, the lowered price target from $200 to $193 suggests a slightly less optimistic view on the stock's potential growth. The current 4.14% drop in share price may be a temporary reaction to the news, but the overall impact on the stock price in the short term is neutral as the Buy rating is still maintained.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100