Analysts: Target’s Canadian Profitability is Delayed and 3 More Research Notes to Check Out

Target (NYSE:TGT): RW Baird downgraded Target to Neutral from Outperform following the company’s second-quarter results and lowered its price target for shares to $68 from $76. The firm says that profitability at Target’s Canadian operations looks delayed until at least late 2014 and that shares look fairly valued at current levels.