Guggenheim lowered the firm’s price target (TGT) on Target to $115 from $155 and keeps a Buy rating on the shares. Shares have declined 35% over the past year, largely on a 20% reset in 2026 EPS expectations, and while the operating outlook is uncertain given recent, sequential comp pressure, the firm remains Buy-rated for valuation reasons as it thinks the 2025 P/E multiple “seems undemanding,” the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TGT:
- Singapore Airlines, Nutanix, Asana, Target, HPE: Trending by Analysts
- Walmart (WMT) Defies the Naysayers as it Powers to All-Time Highs
- Target (TGT) Maintains Dividend King Status Despite Brutal Market
- Top 3 Trending Stocks, According to Analysts – 5/23/2025
- Donald Trump Tells Walmart (WMT) to ‘Eat the Tariffs’
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue