Form 8-K TARGET CORP For: Aug 17

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Go back to Form 8-K TARGET CORP For: Aug 17

Cowen Cuts Price Target as Target (TGT) Reduces 2H Outlook

August 17, 2016 3:18 PM EDT

Cowen Maintained an Outperform rating on Target (NYSE: TGT), and cut the price target to $75.00 (from $81.00), as the company reduces 2H comp outlook.

Analyst Oliver Chen commented, "We lower EPS due to TGT's reduced 2H comps outlook & our PT to $75 (was $81)... More