Wells Fargo Maintains Overweight on Target, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst George Kelly maintains an Overweight rating on Target (NYSE:TGT) but lowers the price target from $175 to $160.
August 07, 2024 | 1:51 pm
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NEUTRAL IMPACT
Wells Fargo analyst George Kelly maintains an Overweight rating on Target but lowers the price target from $175 to $160.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100