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0.00185113016367886 0.00185113016367886 0.000681995323460711 -0.000884645362431816 0.000681995323460711 0.000681995323460711 0.000681995323460711 0.000681995323460711
Stock impact report

Wolfe Research Upgrades Target (TGT) Ahead of March Investor Day [Yahoo! Finance]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Yahoo! Finance
On January 27, Wolfe Research raised its view on Target Corporation (NYSE:TGT), upgrading the stock to Peer Perform from Underperform ahead of the retailer's investor day scheduled for March 3. The firm did not assign a price target but said Target offers a wide margin of safety, even after cutting its estimates, largely because of the value tied to its owned real estate. Wolfe estimates that real estate accounts for roughly 70% to 75% of Target's enterprise value and noted early signs that the core business is starting to stabilize. Separately, a January 22 Reuters report said Target appointed two new directors to its board ahead of Michael Fiddelke taking over as chief executive in February. The board added John Hoke III, Nike's former chief innovation officer, and Steve Bratspies, the former CEO of HanesBrands. Both are seasoned merchandising executives and are expected to help sharpen Target's style and product mix, areas where the retailer has recently struggled to connect wit Show less Read more
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