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☆ JPMorgan downgrades Target to 'neutral'
  + stars: | 2023-06-01 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan downgrades Target to 'neutral'The "Halftime Report" traders debate the biggest analyst calls of the day
Organizations: JPMorgan, Target
☆ Here are Thursday's biggest analyst calls: Target, Tesla, Toast, Chevron, Meta, Toll Brothers and more
  + stars: | 2023-06-01 | by ( Michael Bloom | ) www.cnbc.com   time to read: +8 min
JPMorgan downgrades Okta to neutral from overweight JPMorgan Chase said it sees too many macroeconomic pressures for the company. " JPMorgan downgrades Target to neutral from overweight JPMorgan Chase said in its downgrade of the stock it sees a "weakening" consumer. Bank of America initiates Toast as buy Bank of America said the restaurant tech company is "best in class." JPMorgan upgrades Domino's Pizza to overweight from neutral JPMorgan Chase said in its upgrade of Domino's that it's too cheap to ignore. Bank of America reiterates Dick's as buy Bank of America said it's bullish on the company's new store format.
Persons: Goldman Sachs, Goldman, Johnson, it's, Salesforce, JPMorgan downgrades, JPMorgan Chase, we've, Horton, PulteGroup, TOST, BorgWarner, Morgan Stanley, Tesla, XOM, Cowen, Phillips, Wedbush, Macquarie, Dick's, it's bullish, DKS Organizations: AAP, Barclays, JCI, RBC, Chevron, JPMorgan, JPMorgan downgrades Target, Deutsche Bank, " Bank of America, Bank of America, Restaurant Association, BorgWarner Deutsche Bank, Citi, Meta, ExxonMobil, UBS, CSX, Garden Entertainment, Knicks, Rangers, Networks Locations: Europe, New York
☆ JPMorgan downgrades Target as concerns for the retail giant mount
  + stars: | 2023-06-01 | by ( Brian Evans | ) www.cnbc.com   time to read: +1 min
JPMorgan thinks Target may be in for turbulent times ahead. The bank downgraded the retail giant to neutral from overweight on Thursday, with a $144 price target down from $182. The firm's new forecast implies about 10% upside for Target stock from Wednesday's $130.93 per share close. "Today, we believe TGT sits at the center of a number of consumer headwinds," JPMorgan analyst Christopher Horvers said. TGT YTD mountain Target stock has been under pressure this year with a 12.2% fall.
Persons: TGT, Christopher Horvers, Horvers, — CNBC's Michael Bloom Organizations: JPMorgan, Target
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