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Target Corp prepares to report its third-quarter earnings, with analysts highlighting modest risks and potential margin improvements amid a challenging economic landscape.
BofA analysts say things could get better for Target as it stocks up on new products and remodels stores next year.
BofA Securities upgraded the stock to Buy on Thursday, citing improved foot traffic and margins.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page
The recent pullback in Target's stock creates an attractive entry point to snatch up shares, according to Bank of America.