Morgan Stanley Reiterates Overweight Rating on Target with $145 Price Target
Morgan Stanley has reiterated its Overweight rating and $145 price target for Target Corporation (TGT), suggesting a 17% upside from its current price of $124. The firm believes Target's turnaround is gaining traction, driven by core categories like Food & Beverage and Beauty, as well as margin discipline and growth in higher-margin businesses.
Tickers: $TGT
Topics: analyst outlook Morgan Stanley retail sector stock price target Target Corporation