JP Morgan Maintains Neutral on Target, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers has maintained a Neutral rating on Target (NYSE:TGT) and increased the price target from $157 to $180.

March 06, 2024 | 9:20 pm
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JP Morgan analyst Christopher Horvers maintains a Neutral rating on Target but raises the price target from $157 to $180.
The increase in price target from $157 to $180 by JP Morgan indicates a positive outlook on Target's stock value in the short term, despite maintaining a Neutral rating. This adjustment suggests that the analyst sees potential for Target's stock to perform better than previously expected, which could lead to increased investor confidence and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90