Guggenheim Maintains Buy on Target, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Robert Drbul has maintained a Buy rating on Target Corporation (NYSE:TGT) and increased the price target from $160 to $190, indicating a positive outlook on the company's stock.
March 06, 2024 | 12:06 pm
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Guggenheim analyst Robert Drbul maintains a Buy rating on Target and raises the price target from $160 to $190, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst like Robert Drbul suggests a strong bullish sentiment towards Target's stock. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price as market participants adjust their expectations based on this new analyst rating.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100