Bernstein initiated coverage on Target with a new price target
$TGT
Department/Specialty Retail Stores
Consumer Discretionary
Bernstein initiated coverage of Target with a rating of Mkt Perform and set a new price target of $168.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/22/2024 | $168.00 | Mkt Perform | Bernstein |
| 8/26/2024 | $170.00 | Neutral → Outperform | Daiwa Securities |
| 8/22/2024 | $158.00 → $160.00 | In-line | Evercore ISI |
| 8/22/2024 | $190.00 → $195.00 | Outperform | Telsey Advisory Group |
| 7/10/2024 | $156.00 | Neutral | Piper Sandler |
| 6/3/2024 | $116.00 | Underperform | Exane BNP Paribas |
| 5/23/2024 | $195.00 → $190.00 | Outperform | Telsey Advisory Group |
| 5/7/2024 | $180.00 | Neutral → Buy | Citigroup |
4 - TARGET CORP (0000027419) (Issuer)
4 - TARGET CORP (0000027419) (Issuer)
3 - TARGET CORP (0000027419) (Issuer)
Bernstein initiated coverage of Target with a rating of Mkt Perform and set a new price target of $168.00
Daiwa Securities upgraded Target from Neutral to Outperform and set a new price target of $170.00
Evercore ISI reiterated coverage of Target with a rating of In-line and set a new price target of $160.00 from $158.00 previously
The parent company of well-known non-fungible token collection Pudgy Penguins has raised $11 million from investors including Founders Fund to help launch a consumer-focused blockchain for the mass adoption of cryptocurrency. What Happened: Since being acquired by Luca Netz for 750 Ethereum (CRYPTO: ETH) in 2022, Pudgy Penguins has emerged as a leading NFT collection, with its consumer products now available in major retailers worldwide. The company has launched plushies, keychains, blind bags and more inside the likes of Walmart Inc (NYSE:WMT), Target (NYSE:TGT), Five Below (NASDAQ:FIVE) and on Amazon.com Inc (NASDAQ:AMZN). Now the attention of Igloo Inc, the parent company of Pudg
Investors, including Nvidia Corp. (NASDAQ:NVDA), have invested about $27 million in the networking software startup Arrcus Inc. in the latest round of funding to enhance its platform for managing data traffic more efficiently. The investment round saw participation from Saudi Aramco's venture arm Prosperity7 Ventures, Hitachi Ventures, and General Catalyst, among others, Bloomberg reports. The San Jose-based company, which counts SoftBank Corp (OTC:SFTBY) and Target Corp (NYSE:TGT) among its 50 clients, intends to use the funds to expand globally and enhance its technology. With the rise of artificial intelligence, the demand for robust networks connecting enterprises, data centers,
Amazon.com, Inc. (NASDAQ:AMZN) should beat last year’s Prime Day results due to “early access deals,” analysts say. Bank of America (NYSE:BAC) expects sales for this year’s 48-hour sales spree to jump 7% to $13 billion, beating the 6.1% sales leap to $12.7 billion posted during last year’s Prime Day, CNBC report citing Adobe Analytics. “In our view, this year’s press release was more focused on early access deals and discounted services than last year, which could pull forward some sales out of Prime Day(s),” the bank said in a note on Monday Amazon will offer discounts on hundreds of items over the two days to consumers with Amazon Prime memberships, including 57% off an Amazon Fir
A highly skilled leader with more than 25 years of financial, strategy and business experience at PepsiCo, Lee will oversee Target's finance function and join its leadership teamLee succeeds Michael Fiddelke, Target's chief operating officerMINNEAPOLIS, Sept. 19, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced that Jim Lee has been named chief financial officer and a member of its leadership team effective Sept. 22. In his new role, Lee will be responsible for financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and services and corporate development. He succeeds Michael Fiddelke, Tar
Members of the free-to-join Target Circle program can save early on back-to-school essentials including 30% off select backpacks and kids' school uniforms throughout Target Circle Week, the retailer's biggest sale of the seasonTarget Circle members can access deep savings of up to 50% off select toys, up to 40% off kitchen items and 30% off family apparel, bedding and bathConsumers can join the retailer's new paid subscription, Target Circle 360, for just $49 (reg. $99) if they sign up between July 7-13MINNEAPOLIS, June 25, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced that its biggest sale of the season, Target Circle Week, is returning July 7-13, featuring savings on s
MINNEAPOLIS, June 25, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced it has named Christina Hennington, currently chief growth officer, as chief strategy and growth officer, and Rick Gomez, currently chief food, essentials and beauty officer, as chief commercial officer, overseeing Target's merchandising business, both effective July 7. Lisa Roath, Target's chief marketing officer, will take on the role of chief merchandising officer of food, essentials and beauty in early 2025. The company is initiating an external search for its next chief marketing officer and, until a successor is named, Roath will remain in full capacity as chief marketing officer.
8-K - TARGET CORP (0000027419) (Filer)
8-K - TARGET CORP (0000027419) (Filer)
8-K - TARGET CORP (0000027419) (Filer)
SC 13G/A - TARGET CORP (0000027419) (Subject)
SC 13G - TARGET CORP (0000027419) (Subject)
SC 13G/A - TARGET CORP (0000027419) (Subject)
MINNEAPOLIS, Sept. 18, 2024 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.12 per common share. The dividend is payable December 10, 2024 to shareholders of record at the close of business November 20, 2024. The 4th quarter dividend will be the company's 229th consecutive dividend paid since October 1967 when the company became publicly held. About TargetMinneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dol
MINNEAPOLIS, Aug. 21, 2024 PRNewswire/ -- Second quarter comparable sales increased 2.0 percent, at the high end of the Company's expectations.Traffic grew 3 percent in the second quarter as compared to the prior year, with all six core merchandising categories delivering traffic growth.Digital comparable sales grew 8.7 percent. Same-day services saw double digit growth, led by low teens growth in Drive Up and Target Circle 360™ same-day delivery.Discretionary sales trends continued to improve meaningfully, with Apparel comparable sales growing more than 3 percent in the quarter.Second quarter operating income margin rate of 6.4 percent grew 160 basis points compared to the prior year, driv
MINNEAPOLIS, Aug. 20, 2024 /PRNewswire/ -- WHAT: Target Corporation's (NYSE:TGT) webcast of its second quarter earnings conference call. WHEN: Wednesday, August 21, 2024 - 7:00 a.m. central time HOW: Investors and the media are invited to listen to the call through the company's website at Corporate.Target.com/Investors (click on the link under "Events & Presentations") WHO: Minneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information ca
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Retailer to offer lower prices than last year on more than 10,000 total items during the holidays, including food and beverages, everyday essentials, holiday gifts and more MINNEAPOLIS, Oct. 22, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) announced today it will reduce regular prices on more than 2,000 items across owned and national brands this holiday season, including food and beverages, everyday essentials, holiday gifts and items to prep the home for the holidays.1 The move will help consumers save on items for holiday preparations and gifting, like toys, board games, beauty products, bath towels, snacks, beverages, frozen vegetables, cookies, ice cream, toilet paper, cough and c
Target's 2024 Bullseye's Top Toys list features more than 60 must-have items with nearly half exclusive to Target, and prices starting at $7.99 The retailer will also offer thousands of toys this season with over half under $20, making it easy to find gifts for any budget Target is also offering new, weekly toy drops and deals at up to 50% off to usher in the holiday seasonMINNEAPOLIS, Oct. 2, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced the release of its 2024 Bullseye's Top Toys list. The list includes more than 60 toys, nearly half of which are exclusive to Target. These toys start at $7.99 and include popular brands such as LEGO, Disney, FAO Schwarz and Star Wars, a