Target shares get upgrade from Bank of America. Here's what the pros have to say
October 12, 2023
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Market Movers rounded up the latest reactions on Target from investors and analysts. The pros, including Jim Cramer , discussed the Minneapolis-based retail chain after Bank of America upgraded Target to buy from neutral . BofA analyst Robert Ohmes wrote that he sees improvement in traffic and an upside in gross margins at Target. The company is slated to report earnings next month. Target stock closed up 1.7% Thursday.
