Jefferies Maintains Buy on Target, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Corey Tarlowe has maintained a Buy rating on Target Corporation (NYSE:TGT) but has reduced the price target from $165 to $135.

November 14, 2023 | 7:54 pm
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NEUTRAL IMPACT
Jefferies has maintained a Buy rating on Target but lowered the price target from $165 to $135, indicating a potential upside but with caution.
The maintenance of a Buy rating suggests that Jefferies still sees Target as a good investment, but the reduction in the price target could imply a tempered expectation for the stock's performance in the short term. This might lead to a neutral short-term impact on the stock as investors digest the mixed signals of continued endorsement against a lower growth expectation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100