Bullish on the risk-reward development trend, Oppenheimer has reinstated the outperform rating for Target (TGT.US).
Oppenheimer believes that despite Target's (TGT.US) disappointing performance in the third quarter and the downgraded outlook for fiscal year 2024, the company's prospects of reaching a target price of $165 for its stocks have improved.
Target Has a Compelling Risk/reward Developing - Analyst
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