At $76.79 Target Corporation (TGT) Forms Double Top Chart Pattern

June 29, 2018 - By Sarah Holford

Target Corporation (NYSE:TGT) Corporate Logo

Target Corporation (TGT) chart forms a double top technical setup with $82.93 price target. That’s 8.00 % above today’s $76.79 stock price. The technical setup points out low risk. The double top technical setup was posted on Jun, 29 by Finviz.com. $3.28B more could be TGT valuation at $82.93 share price.

The stock increased 1.57% or $1.19 during the last trading session, reaching $76.79.Currently Target Corporation is uptrending after 31.38% change in last June 29, 2017. TGT has 1.24 million shares volume. The stock outperformed the S&P500 by 18.81%.

Target Corporation (NYSE:TGT)’s earnings report is anticipated on August, 15., Faxor reports. Analysts predict $1.39 EPS, which is $0.16 up or 13.01 % from 2017’s $1.23 EPS. This could reach $741.05M profit for TGT assuming the current $1.39 EPS will become reality. Last quarter $1.32 EPS was reported. Analysts sees 5.30 % EPS growth this quarter.

Target Corporation (NYSE:TGT) Ratings Coverage

In total 13 analysts cover Target (NYSE:TGT). “Buy” rating has 6, “Sell” are 1, while 6 are “Hold”. 46% are bullish. With $95.0 highest and $64.0 lowest PT Target has $77.82 average PT or 1.34% above the current ($76.79) price. 20 are the (NYSE:TGT)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, June 5 the rating was maintained by M Partners with “Buy”. On Wednesday, February 14 the stock of Target Corporation (NYSE:TGT) earned “Outperform” rating by Robert W. Baird. On Monday, March 5 Susquehanna maintained the shares of TGT in report with “Buy” rating. The stock rating was maintained by Tigress Financial with “Buy” on Monday, April 2. The company rating was upgraded by Barclays Capital on Friday, January 5. On Monday, June 4 the stock of Target Corporation (NYSE:TGT) has “Buy” rating given by Robert W. Baird. The company rating was maintained by Jefferies on Tuesday, January 9. The company rating was initiated by Credit Suisse on Monday, February 26. On Tuesday, January 9 the company was maintained by Stifel Nicolaus. On Monday, March 5 the stock of Target Corporation (NYSE:TGT) earned “Buy” rating by Credit Suisse.

For more Target Corporation (NYSE:TGT) news published recently go to: Streetinsider.com, Seekingalpha.com, Streetinsider.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Target (TGT) July 76 puts active on Amazon (AMZN) has agreed to acquire PillPack” published on June 28, 2018, “Expected Dividend Increases In July 2018” on June 29, 2018, “BofA/Merrill Lynch Has Higher Level of Confidence in Target (TGT) Following Meetings” with a publish date: June 27, 2018, “At What Point Do I Sell Target?” and the last “Target continues to break out” with publication date: June 05, 2018.

Target Corporation (NYSE:TGT) Analyst Ratings Chart

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