JP Morgan Maintains Neutral on Target, Lowers Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains a Neutral rating on Target (NYSE:TGT) but lowers the price target from $165 to $153.
August 05, 2024 | 11:37 am
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NEGATIVE IMPACT
JP Morgan analyst Christopher Horvers maintains a Neutral rating on Target (NYSE:TGT) and lowers the price target from $165 to $153.
The lowered price target from $165 to $153 by JP Morgan suggests a less optimistic outlook for Target's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100