Reported 2 days ago
JP Morgan analyst Christopher Horvers has raised the price target for Target Corp. (TGT) to $109 from $105, while maintaining a Neutral rating, following the company's disappointing Q1 2025 earnings. Target reported a 3.8% drop in comparable sales and a decrease in EPS to $1.30. Although challenges persist with market share loss in key categories, management remains optimistic about future profitability amid supply chain improvements.
Source: YAHOO