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HSBC Upgrades Target to Buy, Lifts Price Target to $190

HSBC upgraded Target (TGT) shares to Buy from Hold and raised its price target to $190 from $125. The upgrade follows Target's stronger second-quarter customer activity, which saw comparable sales increase 3.8%.

TGT

HSBC raised Target to Buy from Hold and increased its price target to $190 from $125. The move followed Target’s second-quarter performance, which showed stronger customer activity. 8%, while profit and earnings per share excluding a $994…