Reported 3 days ago
DA Davidson has reduced its price target for Target Corporation (NYSE:TGT) from $115 to $108 while maintaining a Buy rating. The firm included Target in its 'Stampede List,' citing potential catalysts from equity/debt recapitalization. Despite facing significant challenges and a 34% year-to-date decline, the company's dividend remains a stable return for investors, having increased for 54 consecutive years. Nevertheless, some analysts believe there are better investment opportunities in AI stocks with lower risks and higher potential returns.
Source: YAHOO