Deutsche Bank Upgrades Target to Buy, Raises Price Target to $206
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Paul Trussell upgraded Target Corporation (NYSE:TGT) from Hold to Buy and increased the price target from $149 to $206.
March 06, 2024 | 2:14 pm
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Target Corporation's stock rating was upgraded by Deutsche Bank from Hold to Buy, with a significant increase in the price target from $149 to $206.
An upgrade from Hold to Buy typically signals a positive outlook on the stock by analysts, suggesting that the stock's future performance is expected to improve. The substantial increase in the price target from $149 to $206 indicates a strong confidence in the company's potential for growth and profitability. This upgrade is likely to attract investor attention and could lead to a short-term increase in the stock price as market sentiment becomes more bullish.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100