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What Analysts Recommend for Target Stock before 1Q18

Adrian Stevens
What Analysts Recommend for Target Stock before 1Q18

Target (TGT) has been witnessing an improving sales trend, which has led analysts to raise their target prices on the stock (see the graph below). Also, Target’s exclusive brand launches, store remodeling, and value pricing bode well with consumers and are expected to drive its sales in the coming quarters. Analysts are maintaining a price target of $75.87 on the stock, which represents an upside of 4.1% to its closing price of $72.90 on May 14.