Stifel Maintains Hold on Target, Raises Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan has maintained a Hold rating on Target Corporation (NYSE:TGT) and increased the price target from $130 to $141.
November 16, 2023 | 5:45 pm
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POSITIVE IMPACT
Stifel analyst Mark Astrachan has reaffirmed a Hold rating on Target but raised the price target from $130 to $141, indicating a potential upside from the current price level.
The increase in price target by Stifel suggests a positive outlook on Target's stock performance in the short term. While the Hold rating does not suggest a strong buying signal, the raised target implies that the analyst sees some potential for stock price appreciation, which could positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100