On Nov 14, major Wall Street analysts update their ratings for $Target (TGT.US)$, with price targets ranging from $165 to $195.
Morgan Stanley analyst Simeon Gutman maintains with a buy rating, and maintains the target price at $180.
BofA Securities analyst Robert Ohmes maintains with a buy rating, and maintains the target price at $195.
Deutsche Bank analyst Krisztina Katai maintains with a buy rating, and adjusts the target price from $183 to $184.
Evercore analyst Greg Melich maintains with a hold rating, and adjusts the target price from $160 to $165.
Furthermore, according to the comprehensive report, the opinions of $Target (TGT.US)$'s main analysts recently are as follows:
Concerns are rising ahead of Target's earnings report on November 20, due to the anticipation of a slowdown in Q3 sales trends which could yield a Q3 EPS of $2.28, slightly below the consensus of $2.30. Despite these figures aligning with the upper spectrum of Target's formal guidance from August, there is worry that the decelerating comparable sales trend may continue into Q4.
Here are the latest investment ratings and price targets for $Target (TGT.US)$ from 4 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.