Morgan Stanley Maintains Equal-Weight on Target, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Target (NYSE:TGT) but lowered the price target from $170 to $155.
August 17, 2023 | 12:51 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Target but lowered the price target from $170 to $155.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Target's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100