Morgan Stanley significantly raised its price target for Target Corporation (TGT), signaling renewed confidence in the retailer's strategic trajectory and ability to stabilize margins.

  • The firm revised the price target to $125, a substantial increase from the previous $112.
  • Morgan Stanley maintained its Overweight rating on the stock.
  • Following the analyst action, TGT shares closed the January 15 session up 1.19% at $111.13.