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Target price target raised to $202 from $194 at UBS

UBS raised the firm’s price target on Target to $202 from $194 and keeps a Buy rating on the shares. The upcoming Q4 print will provide an opportunity for the retailer to reassert some bullish sentiment on its stock, the analyst tells investors in a research note. The firm thinks the quarter had its puts and takes, and says it will be important to see that Target’s traffic was stable during the period.

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Published first on TheFly

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