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Fly News Breaks for August 21, 2019
TGT
Aug 21, 2019 | 07:59 EDT
Baird analyst Peter Benedict said the Q2 results from Target reinforces his return to relevance with consumers thesis is working. He also said company efforts to restore positive operating growth are gaining traction and despite the stock's early premarket move, the prospects for multiple expansion remain good. Benedict reiterated his Outperform rating and $90 price target on Target shares.
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