Oppenheimer Maintains Outperform on Target, Lowers Price Target to $165
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Rupesh Parikh maintains an Outperform rating on Target (NYSE:TGT) but has lowered the price target from $190 to $165.

August 01, 2023 | 12:37 pm
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Target's price target has been lowered from $190 to $165 by Oppenheimer, though the Outperform rating is maintained.
The lowering of the price target by Oppenheimer could potentially lead to a negative sentiment among investors, which may put downward pressure on Target's stock price in the short term. However, the maintained Outperform rating indicates that the analyst still sees potential upside for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100