Macquarie Initiates Target With Outperform

Analysts at Macquarie initiated coverage on Target Corporation TGT with a Outperform rating. The target price for Target is set to $90. Target shares have gained 38.74 percent over the past 52 weeks, while the S&P 500 index has surged 6.59 percent in the same period. Target shares fell 0.42 percent to close at $78.87 yesterday.