Close

BofA/Merrill Lynch Cuts Target (TGT) to Neutral

April 8, 2011 7:24 AM EDT
Get Alerts TGT Hot Sheet
Price: $51.72 -0.12%

Rating Summary:
    7 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
An analyst at BofA/Merrill Lynch downgraded shares of Target (NYSE: TGT) from Buy to Neutral Friday following the retailers March same-store sales figures Thursday morning.

The stock is continuing modestly lower in pre-market action, last trading around $49.49. Target shares fell more than 2.5 percent on Thursday.

For more ratings news on Target click here and for the rating history of Target click here.


GET THE HOTTEST RESEARCH CALLS ON THE STREET- FREE TRIAL!





Related Categories

Downgrades, Hot Downgrades

Related Entities

Merrill Lynch, Bank of America