Target price target raised to $210 from $180 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Target to $210 from $180 and keeps a Buy rating on the shares. The firm contends that the company’s ongoing innovation, and its upgraded loyalty program will enhance its shopping experience, drive increasing competitiveness and profitability, and further share price gains. Target continues to benefit from several years of investments in digital and fulfillment initiatives, strategic merchandising, and new product partnerships, which will continue to drive industry-differentiating growth while also investing in sortation centers and increasing delivery capabilities to meet increasing customer demand and spending trends, the analyst tells investors in a research note.