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Fly News Breaks for August 22, 2019
TGT
Aug 22, 2019 | 07:19 EDT
KeyBanc analyst Edward Yruma raised his price target for Target to $120 from $110 as the company's "strong" Q2 performance points to share gains driven by "strong" merchandising and store experience, as well as ongoing improvements to e-commerce. The analyst highlighted Target as one of his focus names in his 2019 outlook, and believes that momentum will continue into the second half of the year. Yruma reiterates an Overweight rating on the shares.
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