Roth Capital Raises Target Price for Target Corporation but Warns About Q1 Performance
On May 22, Roth Capital raised its price target on Target Corporation (NYSE:TGT) to $114 from $88 while maintaining a Neutral rating. The firm highlighted strong first-quarter results and guidance increase but warned that the performance may not be sustainable due to rising SG&A expenses and challenging future comparisons.
Tickers: $TGT
Topics: analyst upgrade dividend yield financial guidance retail