Target (TGT) Upgraded to Strong Buy: What Does It Mean for the Stock?
TGTTarget(TGT) ZACKS·2024-11-02 01:01

Investors might want to bet on Target (TGT) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ofte ...