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Analyst Calls Target Stock a 'Winner' Amongst Retailers

The shares of retail giant Target Corp (NYSE:TGT) are up 2.2% at 161.77atlastglance,followinganupgradefromCitigroupto"buy"from"neutral."ThefirmnamedTGTasoneofthewinnersintheretailsectorafterachoppyfewyears,citingwellcontrolledinventory,easiersalescomparisons,andconservativeguidanceaswellasitsnewmembershipprogram. TargetstockhasbeenonadowntrendsinceitsApril1,52weekhighof161.77 at last glance, following an upgrade from Citigroup to "buy" from "neutral." The firm named TGT as one of the winners in the retail sector after a choppy few years, citing well-controlled inventory, easier sales comparisons, and conservative guidance as well as its new membership program. Target stock has been on a downtrend since its April 1, 52-week high of 181.86, though things are picking up today. A broader look shows that the $1 ...