Morgan Stanley Updates Target's Stock Price Outlook to Reflect Potential Turnaround
Morgan Stanley has raised its outlook for Target Corporation (TGT), citing early signs of operational improvement and a potential turnaround. The firm maintains an Overweight rating and a $145 price target, implying a 17% upside from the current stock price of $124. The analysis highlights improvements in traffic, merchandising, and execution as key drivers.
Topics: analyst upgrade Morgan Stanley stock price outlook Target Corporation