Analysts fell to the sidelines weighing in on Target (NYSE: TGT) and Darden (NYSE: DRI) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
Target (NYSE: TGT)
BMO Capital analyst Wayne Hood reiterated a Hold rating on Target (NYSE: TGT) yesterday and set a price target of $60. The company’s shares opened today at $55.25, close to its 52-week low of $52.72.
According to TipRanks.com, Hood is a 3-star analyst with an average return of 3.2% and a 54.3% success rate. Hood covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Wal-Mart Stores Inc, and Party City Holdco.
Currently, the analyst consensus on Target is Moderate Sell and the average price target is $61.67, representing an 11.6% upside.
In a report released today, Telsey Advisory also reiterated a Hold rating on the stock with a $60 price target.
Darden (NYSE: DRI)
BMO Capital analyst Andrew Strelzik reiterated a Hold rating on Darden (NYSE: DRI) yesterday and set a price target of $81. The company’s shares opened today at $85.64, close to its 52-week high of $89.14.
According to TipRanks.com, Strelzik is a 5-star analyst with an average return of 13.0% and a 86.7% success rate. Strelzik covers the Services sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Buffalo Wild Wings.
Currently, the analyst consensus on Darden is Moderate Buy and the average price target is $84.50, representing a -1.3% downside.
In a report issued on May 3, Jefferies also reiterated a Hold rating on the stock with a $80 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.