Target Reports Third Quarter 2017 Earnings

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Target (TGT) PT Lowered to $50 at Morgan Stanley

November 16, 2017 8:50 AM UTC

Morgan Stanley lowered its price target on Target (NYSE: TGT) to $50.00 (from $52.00) while maintaining a Underweight rating.

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Target (TGT) PT Lowered to $59 at Jefferies

November 16, 2017 7:28 AM UTC

Jefferies lowered its price target on Target (NYSE: TGT) to $59.00 (from $60.00) while maintaining a Hold rating following Q3 results and FY18 guidance that disappointed some investors.

Analyst Daniel Binder noted additional factors were the deceleration in ecommerce growth and higher inventory growth versus sales.

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Target (TGT) PT Lowered to $62 at Stifel Following Mixed 3Q

November 15, 2017 4:44 PM UTC

Stifel lowered its price target on Target (NYSE: TGT) to $62.00 (from $65.00) while maintaining a Hold rating following the company's 3Q earnings report. Target reported mixed F3Q17 results with better-than-expected comp store sales growth of 0.9%, compared to consensus of 0.4% growth, offset by higher costs.... More