Analysts: Target Should Be Bought on Weakness and 3 More Research Notes to Check Out
Target Corp. (NYSE:TGT): BMO Capital believes that Target’s Canada supply chain issues will be corrected and notes that the U.S. business is trending in line with expectations; the firm recommends buying shares on weakness and rates Target an Outperform with an $80 price target.
Dollar Tree Inc. (NASDAQ:DLTR): Wells Fargo views Thursday’s post-earnings pullback in shares of Dollar Tree as overdone and sees a buying opportunity at current levels; the firm still believes that the stock can outperform retail from its current position and keeps an Outperform rating on Dollar Tree.
TripAdvisor Inc. (NASDAQ:TRIP): Deutsche Bank raised its price target for TripAdvisor shares to $95 from $82 after leaving the PhoCusWright conference more upbeat about the company’s growing centrality to the travel booking process; the firm has a Buy rating on TripAdvisor stock.
VF Corp. (NYSE:VFC): JPMorgan raised its price target for VF Corp. shares to $245 from $224 after meeting with management; the firm is positive on VF Corp.’s diversified portfolio and Timberland turnaround progress, and keeps an Overweight rating on the stock.
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