Telsey Advisory Group Maintains Outperform on Target, Lowers Price Target to $165
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has maintained an 'Outperform' rating on Target (NYSE:TGT) but lowered the price target from $185 to $165.
August 11, 2023 | 9:07 am
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Target's price target has been lowered from $185 to $165 by Telsey Advisory Group, though the 'Outperform' rating is maintained.
While the lowering of the price target might initially seem negative, the maintenance of the 'Outperform' rating indicates that the analyst still believes in the company's potential. This could lead to a neutral short-term impact on the stock.
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IMPORTANCE 70
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