Telsey Advisory Group Maintains Outperform on Target, Lowers Price Target to $145
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 $162 to $145.
November 10, 2023 | 11:55 am
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NEUTRAL IMPACT
Target's price target has been lowered from $162 to $145 by Telsey Advisory Group, though the 'Outperform' rating is maintained.
The lowering of the price target could indicate a potential decrease in the stock's value. However, the maintained 'Outperform' rating suggests that the stock is still expected to do well compared to its peers. This mixed signal could lead to neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100