BUZZ-Street View: Target to grapple with challenges amid tariff, spending woes

Reuters
昨天
BUZZ-Street View: Target to grapple with challenges amid tariff, spending woes

** Minneapolis-based retailer Target TGT.N on Tuesday forecast full-year comparable sales below estimates, and said uncertainty around tariffs as well as consumer spending would weigh on Q1 profits

WHIRLWIND OF WINS AND WOES

** J.P.Morgan ("neutral", PT: $140) sees co as relevant but doubts if current macro situation is strong enough for consumers to spend more on non-essential items and shop less at discount and full-line grocery stores

** Piper Sandler ("neutral", PT: $124) sees potential risks to 2025 guidance from both tariffs and the likelihood of reduced consumer spending

** Morningstar (fairvalue: $135) sees co facing challenges due to declining demand for discretionary items and tariffs

** D.A. Davidson ("buy," PT: $140) sees co's future growth as promising, particularly in its digital and advertising businesses, despite some near-term margin pressures

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))

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