Target Posts Q3 Earnings Miss: Analysts Slash Forecasts On Market Share Loss, Margin Concerns

Shares of Target Corp TGT recovered slightly in early trading on Thursday, after tanking on the company's third-quarter earnings miss.JPMorgan analyst Christopher Horvers maintained a Neutral rating, while slashing the price target from $167 to$139.Goldman Sachs analyst Kate McShane reiterated a Buy rating, while reducing the price target from $192 to$164.Piper Sandler analyst Alexia Morgan reaffirmed a Neutral rating, while cutting the price target from $156 to$130.KeyBanc Capital Markets analyst Bradle ...