Target price target lowered to $180 from $215 at Tigress Financial

Tigress Financial lowered the firm’s price target on Target to $180 from $215 to adjust for a re-rating of valuation and keeps a Buy rating on the shares. Near-term headwinds “create a buying opportunity,” contends the analyst, who thinks improving consumer spending and moderating cost pressures should drive “revenue growth, profitability, and shareholder value creation.”