Jefferies upgrades Target and says shares could rally more than 20%


The costs squeezing nearly every retailer are starting to resolve for Target as the chain discovers areas to grow, even during an economically challenging period, Jefferies said. Analyst Corey Tarlowe upgraded the stock to buy from hold with an increased price target of $185 from $170. The new forecast implies an upside of just under…

Leave a Reply

Your email address will not be published. Required fields are marked *