Blurbs

Jefferies Reaffirms Their Hold Rating on Target (TGT)

In a report released yesterday, Stephanie Wissink from Jefferies maintained a Hold rating on Target (TGTResearch Report), with a price target of $161.00. The company’s shares closed last Friday at $163.38.

According to TipRanks.com, Wissink is a 1-star analyst with an average return of -0.3% and a 45.2% success rate. Wissink covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Bj’s Wholesale Club Holdings, and The Estée Lauder Companies.

Currently, the analyst consensus on Target is a Moderate Buy with an average price target of $184.57, a 15.4% upside from current levels. In a report issued on July 22, Piper Sandler also initiated coverage with a Hold rating on the stock with a $190.00 price target.

See the top stocks recommended by analysts >>

Target’s market cap is currently $75.76B and has a P/E ratio of 13.54.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 1902, Target Corp. is a Minnesota-based general merchandise retailer and has stores in all 50 U.S. states and the District of Columbia. Its stores offer curated general merchandise and food assortments including perishables, dry grocery, dairy, and frozen items.

Read More on TGT:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
Videos

Latest News Feed