HSBC upgrades Target Corp stock to Buy with USD 190.00 target

AD HOC NEWS
HSBC upgrades Target Corp stock to Buy with USD 190.00 target
HSBC has upgraded Target Corp stock from Hold to Buy, increasing its price target from USD 125.00 to USD 190.00. This upgrade is driven by anticipated improvements in customer traffic and profit recovery, following Target's second-quarter revenue of USD 26.54 billion and strong earnings per share. The company also declared a quarterly dividend of USD 1.16 per common share, adding an income dimension for investors.
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