RBC Capital Maintains Outperform on Target, Raises Price Target to $177
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh has maintained an 'Outperform' rating on Target (NYSE:TGT) and raised the price target from $174 to $177.
August 22, 2024 | 3:10 pm
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POSITIVE IMPACT
RBC Capital has reaffirmed its 'Outperform' rating for Target and increased the price target to $177, indicating confidence in the company's performance.
The increase in price target from $174 to $177 by RBC Capital suggests a positive outlook on Target's future performance. The 'Outperform' rating indicates that the analyst expects Target to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100