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Target's December Rebound Earns It A Hold Rating From Vetr

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The Vetr crowd on Tuesday downgraded its rating on Target Corporation (NYSE: TGT) from 3.5 stars (Buy), issued 20 days ago, to 3 stars (Hold). Crowd sentiment at the time of the downgrade was generally positive, with 66 percent of Vetr user ratings bullish.

Vetr's downgrade comes as share price in Target hits six-month highs, which analysts with Citigroup took note of, raising its price target on the retailer to $67. Target closed Tuesday's session up slightly at $64.09.

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Currently, the Vetr crowd's average price target on Target is up at $66.59, which is still only slightly below the average analyst price target of $66.79. Less than 2 percent of Vetr users are holding $TGT in their watch-lists.

Latest Ratings for TGT

DateFirmActionFromTo
Feb 2021StifelUpgradesHoldBuy
Jan 2021Morgan StanleyMaintainsEqual-Weight
Jan 2021Cowen & Co.MaintainsOutperform

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View the Latest Analyst Ratings

 

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Posted-In: VetrDowngrades Price Target Crowdsourcing Analyst Ratings General

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