Wells Fargo Maintains Overweight on Target, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst George Kelly has maintained an Overweight rating on Target Corporation (NYSE:TGT) and increased the price target from $165 to $190.

March 06, 2024 | 11:51 am
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Target and raised the price target from $165 to $190.
The increase in price target by a reputable analyst like George Kelly from Wells Fargo is a strong positive signal for Target Corporation. It suggests confidence in the company's future performance and growth potential. This kind of endorsement typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100