Target Receives Average Hold Rating and Updated Price Targets
Target was rated “Hold” on average by 32 analyst firms, with a recent 12-month price objective of $159.52. Barclays raised its target to $140 with an underweight rating, while Argus set $150. Analysts also project 8.85 EPS for the current year, and shareholders of record on Aug. 12 received a $1.16 dividend.