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Fly News Breaks for May 23, 2019
May 23, 2019 | 08:05 EDT
Credit Suisse analyst Seth Sigman raised his price target for Target to $90 from $85 as he was encouraged by the company's "stronger" Q1 results, which outperformed peers and showed a number of positive trends, including "strong momentum" across key categories, healthy market share gains, greater contribution from same day delivery, improving margin trends, and "solid" Q2 guidance. The analyst reiterates an Outperform rating on the shares.
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