JP Morgan Maintains Neutral on Target, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains a Neutral rating on Target (NYSE:TGT) but raises the price target from $153 to $167.
August 29, 2024 | 1:40 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Target but increased the price target from $153 to $167, indicating a positive outlook on the stock's potential value.
The increase in price target from $153 to $167 by JP Morgan suggests a positive outlook on Target's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100