Target (TGT) PT Raised to $140 from $130 by Guggenheim Partners
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowGuggenheim Partners increased the price target for Target Corporation (TGT) from $130 to $140 on April 20, reiterating a Buy rating. This adjustment reflects expected strong performance in Q1, with higher EBIT and EPS estimates that are now at "Street-high levels." Target also announced a collaboration with Parke on April 21, featuring a new collection set to launch on April 25, which includes nearly 60 items focusing on women's apparel and accessories. The combination of strong earnings outlook and innovative partnerships may enhance investor confidence in TGT's market position.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Target Corporation (TGT)
Target is a major U.S. general-merchandise retailer.
The Consumer Staples sector covers food, beverage and household-goods companies that tend to hold up in any economy.
Earlier TGT news
- WMT, TGT, NKE Retailers Expect $160B Tariff Refunds Starting Monday
- Target Corp. Boycott Looms as Retailer Targets 2% Sales Growth This Fiscal Year
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
Related News
Alphabet (GOOGL) Shares Fall After Q2 Earnings Report
Oct 19
Aeromexico Plans New US Flights After Washington Lifts Restrictions
Oct 19
SpaceX AI Computing Power Rental Driving Revenue Growth but Raising Costs
Oct 19
S&P 500 and Nasdaq Rise as AI Stocks Rebound Before Earnings
Oct 19