Target's Stock is a Notable Buying Opportunity, Says Goldman Sachs 
<p>Goldman Sachs analysts consider the recent pullback in <a href='https://financialmodelingprep.com/financial-summary/TGT'>Target (NYSE:TGT)</a> stock as a notable buying opportunity. The firm raised its price target to $185 from $180, maintaining a Buy rating. Although the stock has lost around 22% of its market cap since April 11 and is trading at a relative multiple not seen since June 2022, analysts believe it has attracted investor interest. </p>
<p>However, a consumer boycott and tentative consumer sentiment pose challenges. Despite revising Q2 estimates to reflect reduced foot traffic, the analysts reiterate their Buy rating, anticipating limited impact beyond one quarter. The stock's current approximately 25% discount already accounts for a slower top line in the uncertain consumer landscape.</p>

NYSE:TGT