Truist raised the firm’s price target on Target to $142 from $139 but keeps a Hold rating on the shares. The firm is raising its Q4 comps estimate to -3% from -4% but notes that overall trends remain soft and still imply notable share losses, with the company also facing an uncertain margin recovery process, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TGT:
- Qualcomm downgraded, Cigna upgraded: Wall Street’s top analyst calls
- Target upgraded to Conviction Buy from Buy at Goldman Sachs
- Loop Capital still ‘very bullish’ on Ulta Beauty ahead of Q2 results
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Target Announces Executive Leadership Changes and Appointments
