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Fly News Breaks for February 14, 2020
TGT
Feb 14, 2020 | 07:15 EDT
Baird analyst Peter Benedict noted Target is hosting an investor meeting in March in conjunction with its Q4 results. The analyst noted its holiday sales have already been reported and its Q4 guidance has already been affirmed leaving the focus on its 2020 outlook. He is not anticipating any surprises so with the stock trading at a discount and the guidance seemingly de-risked, he remains a buyer of Target shares. Benedict reiterated his Outperform rating and $140 price target on Target shares.
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