Target (TGT -0.1%) shares are lowered to Neutral from Buy at Buckingham on concerns Q1 may...


Target (TGT -0.1%) shares are lowered to Neutral from Buy at Buckingham on concerns Q1 may represent a peak and prospects aren’t as promising for the rest of 2012. TGT has already raised Q1 guidance, so a strong earnings report may already be reflected in the shares, the firm says; with the stock up 13% YTD, the firm suggests looking elsewhere for more upside.

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