Target sees price-target bumps after strong retail quarter
Target (TGT) is drawing higher price targets from analysts including Evercore and Goldman Sachs after what the note calls its best retail quarter so far, with no upgrades reported.
TGT Best retail quarter so far belongs to Target, and many analysts are responding with price target bumps, including Evercore and Goldman Sachs.
Haven't seen any upgrades yet.
The majority of analysts have a hold rating.
There was skepticism over picking an insider like Michael Fiddelke to lead Target's turnaround.
But roughly seven months in, he's delivering.
Much better pricing and merchandising. - per Cramer Investing Club Newsletter