Veytics Intelligence
2026-09-30 · Yahoo

Target upgraded at HSBC as footfall points to turnaround gaining momentum

Investing.com -- HSBC analyst Joe Thomas upgraded Target to Buy and raised his price target for the stock to $190 from $125 per share in a note Wednesday, telling investors that a traffic-driven recovery is underway. Before you buy NVIDIA: our AI model's stock picks are beating the market by 120%+. See the list now » "Q2 results support the view that a traffic-driven recovery is underway," wrote Thomas. The analyst explained that the results provided strong evidence the turnaround is gaining momentum, with comparable sales rising 3.8%, including a 2.7% rise in store-originated sales, while underlying profits and EPS were around 5% ahead of consensus. Not finding the right stocks?

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