🟢 TGT is trading 4.2% up today after Wolfe Research upgrade to Outperform and top-pick designation

TGT is trading 4.2% up now at $139.69 following a bullish upgrade and top-pick designation from Wolfe Research into year-end.

• Analyst Spencer Hanus raised the stock to Outperform from Peer Perform with a $162 price target, citing store resets, improved execution, and stronger traffic.
• The firm expressed confidence in the company's turnaround strategy, which has continued to attract buyers following the initial reaction to the call.
• Target was named a top pick for the remainder of the year as the market reacts to the analyst's positive outlook on execution and growth.