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Fly News Breaks for January 10, 2019
TGT
Jan 10, 2019 | 08:05 EDT
Baird analyst Peter Benedict noted Target reported strong holiday sales and reaffirmed its Q4 earnings and guidance. He remains encouraged by its continued robust traffic and sales momentum, which reflects market share gains fueled by a number of top-line initiatives. Benedict reiterated his Outperform rating on Target and said it remains a compelling value idea. Benedict has an $86 price target on Target shares.
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