Stifel Maintains Hold on Target, Raises Price Target to $177
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Hold rating on Target Corporation (TGT) and raises the price target from $153 to $177.
March 06, 2024 | 3:30 pm
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Stifel analyst Mark Astrachan maintains a Hold rating on Target Corporation (TGT) and raises the price target from $153 to $177.
The increase in price target from $153 to $177 by Stifel indicates a positive outlook on Target's stock performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the Hold rating suggests that the stock might already be valued appropriately, tempering expectations for significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100