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Fly News Breaks for November 15, 2018
TGT
Nov 15, 2018 | 16:31 EDT
Buckingham analyst Bob Summers initiated Target with a Buy rating and $102 price target. The analyst expects comparable store sales strength to continue at least for the next few quarters, seeing 4.5% in Q3 and Q4, conservatively. Summers also sees Target benefitting from strong holiday spending and the recent bankruptcy at Toys-R-Us.
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