TGT Stock Price-Analyst Coverage Update:
Sanford Bernstein issued a research report on Tuesday, December 6th, in which the analyst initiated coverage of retailing giant, Target Corp. (TGT:NYE) with an Outperform rating and TGT stock price target of $190.
The analyst is bullish on the stock after the recent selloff which provided investors with an attractive entry point, as the analyst now sets the 12-month target at $190 per share, seeing decent upside potential,
STA Research maintained their Hold rating in the stock, with TGT stock price target of $150 per share.
TGT Stock Price Analysis:
Based on 27 analysts’ stock projections for Target Corporation, the average analyst target price for Target Corporation over the next 12 months is USD 183.78.
The consensus analyst recommendation for Target Corporation is a Strong Buy. Stock based on 12 positive indications and 4 negative signals, Target Advisor’s own stock analysis of Target Corporation is Bullish.
TGT stock price was trading at USD 154.93 at the most recent close. The share price of Target Corporation moved -6.31% over the previous week, -2.94% over the previous month, and -37.42% over the previous year.
The Crowd Rating for the stock is set at a Hold rating.
About Target Corporation (TGT:NYE):
In the United States, Target Corporation is a general merchandise retailer. The company sells a variety of foods, including perishables, dry goods, dairy products, and frozen items.
It also sells clothing, accessories, home décor items, electronics, toys, seasonal goods, food, and other goods, as well as beauty products and basic household things.
Additionally, it offers in-store conveniences including the Target Café, Target Optical, Starbucks, and other culinary options. The business sells its goods online, including at Target.com, as well as through its physical locations.
On March 9th, 2022, the corporation had about 2,000 stores open. Minneapolis, Minnesota serves as the corporate headquarters of Target Corporation, which was established in 1902.