Morgan Stanley Cuts Target Corp. (NYSE:TGT) Target Price To $ 60.00

Morgan Stanley maintains Target Corp. (NYSE:TGT) at Underweight rating, while revising the price target. The research firm cuts target price to $ 60.00 down from previous mark of $ 70.00.

According to the previous trading day, closing price of TGT was $ 69.26, representing a 25.36 % increase from the 52 week low of $ 55.25 and a 23.38 % decrease over the 52 week high of $ 90.39.

Target Corp. has a market capital of $ 35.67 billion and is part of the Consumer Defensive sector and Discount Stores industry.