Analyst Calls Struggling Target Stock a "Top Pick"
Target(TGT) Schaeffers Investment Research·2024-11-25 14:22
Target Corp (NYSE:TGT) stock is 1.6% higher before the bell, on track to open at $126.99 after being named a "top pick" at Oppenheimer. In its bull note, the analyst praised the retailers improved risk-to-reward profile and called TGT's dividend yield "attractive."Target stock boasts an intriguing entry point, considering its 12.2% year-to-date deficit. The equity's losses began to pile up last week, after the firm recorded its largest earnings miss in two years and slashed its full-year guidance. In fact, ...