Target Unveils 2023 Strategic Investments to Fuel Growth and a Differentiated Guest Experience
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Wall Street analysts positive on Target (TGT) following investor day
March 1, 2023 2:24 PM ESTWall Street analysts have reacted positively following Target's (NYSE: TGT) Investor Day on Tuesday.
Morgan Stanley's Simeon Gutman raised the firm's price target on TGT shares to $165 from $155, maintaining an Equal-Weight rating. He told investors in a research note that the company's outlook is de-risked.
"We continue to view the '23 outlook as conservative. A key takeaway from the Meeting was TGT's emphasis on establishing a conservative, achievable outlook with particular prudence around inventory management," wrote... More
