Stifel Nicolaus Upgrades Target To Buy

Stifel Nicolaus upgraded Target to a “Buy” rating on November 10, 2014.  This falls right in-line with what Financial Brawn was predicting for the 2015 trends and our stock picks for 2015.

The 12-month target price for Target (TGT) has been set to $76 – which represents an 18% potential up-side in the retailer.

As we noted earlier, Retail looks to be a sector that could have great early gains in 2015.  Our pick was Under Armour (UA), but we also like Target and think it is also a buy at these levels.

Target’s shares rose 0.17% to $64.28 in pre-market trading.