Telsey Advisory Reaffirms Their Hold Rating on Target (TGT)
Telsey Advisory analyst Joe Feldman maintained a Hold rating on Target today and set a price target of $110.00.
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According to TipRanks, Feldman is a 4-star analyst with an average return of 5.1% and a 52.15% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Floor & Decor Holdings, Best Buy Co, and Five Below.
In addition to Telsey Advisory, Target also received a Hold from Roth MKM’s Bill Kirk in a report issued today. However, on February 27, Wells Fargo maintained a Buy rating on Target (NYSE: TGT).
Based on Target’s latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $25.27 billion and a net profit of $689 million. In comparison, last year the company earned a revenue of $25.67 billion and had a net profit of $854 million
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