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Piper Jaffray backs Target for turnaround

Aug. 21, 2014 7:26 AM ETTarget Corporation (TGT) StockTGTBy: Clark Schultz, SA News Editor
  • Piper Jaffray lifts its price target on Target (NYSE:TGT) to $68 following the retailer's Q2 print.
  • The investment firm latches on to the positive Q3 comp that Target mentioned during its conference call and thinks the company could pull back from Canada in the future.
  • Piper has Target rated at Overweight.

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