Morgan Stanley Maintains Overweight on Target, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Target (NYSE:TGT) and raises the price target from $165 to $190.
March 06, 2024 | 10:33 am
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POSITIVE IMPACT
Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Target and raises the price target from $165 to $190.
The increase in price target by a reputable analyst like Simeon Gutman from Morgan Stanley is a strong positive signal for Target. It suggests a bullish outlook on the stock's future performance, potentially leading to increased investor confidence and a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100