Telsey Advisory Remains a Buy on Target (TGT)

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Target today and set a price target of $145.00.

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According to TipRanks, Feldman is a 4-star analyst with an average return of 3.1% and a 49.80% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Five Below, Best Buy Co, and Dick’s Sporting Goods.

In addition to Telsey Advisory, Target also received a Buy from Jefferies’s Corey Tarlowe in a report issued on April 7. However, on April 6, Bernstein maintained a Hold rating on Target (NYSE: TGT).

Based on Target’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $31.92 billion and a net profit of $1.38 billion. In comparison, last year the company earned a revenue of $30.92 billion and had a net profit of $1.1 billion

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TGT in relation to earlier this year. Last month, MATTHEW A LIEGEL, the CAO of TGT sold 2,053.00 shares for a total of $240,591.07.