Target shares are trading lower after Daiwa Capital downgraded the stock from Outperform to Neutral.
Portfolio Pulse from Benzinga Newsdesk
Target Corporation's shares are trading lower following a downgrade from Daiwa Capital, which changed its rating from 'Outperform' to 'Neutral'.
August 22, 2023 | 1:52 pm
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Target's stock is trading lower after Daiwa Capital downgraded the stock from 'Outperform' to 'Neutral'.
Analyst ratings often have a significant impact on a company's stock price. In this case, Daiwa Capital's downgrade from 'Outperform' to 'Neutral' indicates a less optimistic outlook for Target, which could lead to a decrease in the stock's price in the short term.
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