RBC Reduces Target (TGT) Valuation After In-Line Results and Updated Model

Target Corporation (NYSE:TGT) is included among the 15 Blue Chip Dividend Stocks to Build a Passive Income Porfolio. RBC Reduces Target (TGT) Valuation After In-Line Results and Updated Model On November 20, RBC Capital’s Steven Shemesh lowered the firm’s price target for Target Corporation (NYSE:TGT) to 99from99 from 107 while keeping an Outperform rating. The company’s results were largely in line with expectations. The firm noted that some of the initiatives discussed on the call could help Target return ...