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Fly News Breaks for May 21, 2015
TGT
May 21, 2015 | 07:09 EDT
Wells Fargo believes that Target reported solid Q1 results, and the firm thinks the company's turnaround is off to an encouraging start. Wells believes that investors are overly focused on whether Target can return to its peak operating metrics and on its threats, while failing to focus on the company's opportunities. Wells finds the shares compelling at current levels and keeps an Outperform rating.
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