Target price target lowered to $130 from $156 at Piper Sandler

TipRanks11-22 19:41

Piper Sandler lowered the firm’s price target (TGT) on Target to $130 from $156 and keeps a Neutral rating on the shares following the notable Q3 miss and guide-down. While part of the Q3 miss can be ...

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While part of the Q3 miss can be attributed to transitory factors surrounding supply chain costs and discretionary sales weakness, results also suggest some ongoing share loss, Piper says.\n\nDon't Miss our Black Friday Offers:\n\nUnlock your investing potential with TipRanks Premium - Now At 40% OFF!\nMake smarter investments with weekly expert stock picks from the Smart Investor Newsletter\n\n\n\nPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>\n\n\nSee today’s best-performing stocks on TipRanks >>\n\n\nRead More on TGT:\n\nTarget price target lowered to $145 from $180 at Guggenheim\nTarget price target lowered to $139 from $167 at JPMorgan\nTarget Corporation Reports Modest Q3 Growth Amid Challenges\nTarget Corp Earnings Report: Did it Beat Expectations?\nTarget price target lowered to $145 from $190 at Baird","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485725956"}