Shares of big-box retailer Target (NYSE:TGT) were under quite a bit of pressure following the release of some bleak results. Following Target's quarterly crumble, Wall Street analysts have been lowering their price targets. BMO Capital downgraded the firm to "Hold" from "Buy" while reducing its price target to $165. That's pretty much where the stock sits today. Indeed, many analysts don't seem to see much value after Target's latest flop. Undoubtedly, the firm can point the finger at macro headwinds. Every firm has been weighed down by them these days. Still, Walmart's (NYSE:WMT) impressive number shows that maybe it isn't solely macro that's to blame.
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Target (NYSE:TGT)
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