Target Price Target Raised by JPMorgan Chase & Co.
Target Corporation's (NYSE:TGT) price target has been raised by investment analysts at JPMorgan Chase & Co. from $129.00 to $157.00 in a research report issued on Friday, according to MarketBeat.
The firm now has a 'neutral' rating on the retailer's stock, suggesting a potential upside of 6.01% from its previous close of $148.09.
JPMorgan Chase & Co.'s target price is not alone in this assessment; other equities analysts have also issued research reports about Target's stock, with Telsey Advisory Group increasing their price objective on shares to $150.00 and giving the company an 'outperform' rating, Jefferies Financial Group upping their target price to $161.00 and giving a 'buy' rating, and UBS Group boosting their target price from $144.00 to $166.00 while also giving a 'buy' rating.