In a report released today, Corey Tarlowe from Jefferies maintained a Buy rating on Target (TGT – Research Report), with a price target of $205.00. The company’s shares closed last Thursday at $177.21.
According to TipRanks, Tarlowe is a 5-star analyst with an average return of 14.9% and a 66.88% success rate. Tarlowe covers the Consumer Cyclical sector, focusing on stocks such as Murphy USA, Abercrombie Fitch, and Costco.
In addition to Jefferies, Target also received a Buy from Deutsche Bank’s Krisztina Katai in a report issued on March 28. However, on March 26, Evercore ISI maintained a Hold rating on Target (NYSE: TGT).
The company has a one-year high of $177.40 and a one-year low of $101.13. Currently, Target has an average volume of 3.95M.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TGT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Target (TGT) Company Description:
Founded in 1902, Target Corp. is a Minnesota-based general merchandise retailer and has stores in all 50 U.S. states and the District of Columbia. Its stores offer curated general merchandise and food assortments including perishables, dry grocery, dairy, and frozen items.
Read More on TGT:
- Five Below Stock (NASDAQ:FIVE): Post-Earnings Dip Is Overdone
- Target price target raised to $210 from $180 at Tigress Financial
- Amazon expands same-day pharmacy delivery to NY and LA, WSJ reports
- Temu, Shein replace Walmart, Target as Amazon’s competitive focus, WSJ reports
- Target (NYSE:TGT) Slips as It Doles Out Bonuses
