RBC Capital Markets maintained its superior classification on Target Corporation (NYSE:TGT) But it reduced the target price from $ 112 to $ 103.
The change comes after TARGET reduced 2025 instructions due to the results of the first quarter. According to the company’s analysis, if the current tariff rates remain the same, the future performance of the company will depend on how consumers interact with inflation in the second half of the year.
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In light of these factors, RBC Capital appears to have followed a cautious approach in its model, expecting the margin and competitive challenges that start in the third quarter. Target sales are now expected to decrease by 2.8 % in 2025 and an increase of 2.0 % in 2026. Previous expectations called for a decrease of 0.2 % and a 1.5 % increase, respectively.
In addition, RBC Capital reviewed its modified profits for the one -share of TGT, with its previous estimates of $ 8.33 and $ 8.63 to $ 6.68 of 2025 and $ 7.34 for 2026.
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Read more: 10 best shares to buy according to Bill & Melinda Gates Foundation Trust and 15 The best shares for purchase according to the Renaissance technologies in Jim Simons.
Detection: Nothing.
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