HSBC Initiates Coverage On Target with Hold Rating, Announces Price Target of $140
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Daniela Bretthauer initiates coverage on Target (NYSE:TGT) with a Hold rating and announces a price target of $140.
September 22, 2023 | 11:09 am
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HSBC has initiated coverage on Target with a Hold rating and a price target of $140.
The Hold rating from HSBC indicates that the analyst believes the stock will perform approximately in line with the market in the near future. The price target of $140 suggests where the analyst believes the stock price will move. However, this does not guarantee that the stock will reach this price, and the actual impact on the stock price will depend on various factors including market conditions and investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100