Target shares are trading higher after Citigroup upgraded the stock from Neutral to Buy.
Portfolio Pulse from Benzinga Newsdesk
Target's stock price increased following an upgrade from Neutral to Buy by Citigroup.

May 07, 2024 | 11:41 am
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POSITIVE IMPACT
Target's stock price rose after Citigroup upgraded its rating from Neutral to Buy.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a positive outlook on the company's future performance. Citigroup's upgrade from Neutral to Buy suggests a strong confidence in Target's market position and potential for growth, likely encouraging investors to buy shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100