Piper Jaffray Reiterates Overweight Rating, $71 PT on Target Corporation
Posted on December 31, 2012 at 11:27 AM EST
In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating and $71.00 price target on Target Corporation (NYSE: TGT ). Piper Jaffray noted, “We expect December same-store sales in the flat to +2% range reflecting a challenging holiday season across retail, continued share loss to online competitors