Telsey Advisory Group Maintains Outperform on Target, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an 'Outperform' rating on Target (NYSE:TGT) but lowered the price target from $165 to $162.
August 17, 2023 | 4:19 pm
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Target's price target has been lowered from $165 to $162 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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100