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What Are the Potential Upsides for TGT, COST, and WMT?

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Jan. 28 2019, Updated 7:31 a.m. ET

Analysts see a ~16% upside in TGT

Wall Street expects Target (TGT) to benefit from its digital initiatives. Meanwhile, its bottom line is expected to stabilize in 2019. Analysts have target price of $82.12 per share on TGT, which implies a potential upside of 16.3% based on its closing price of $70.61 on January 24.

Among the 26 analysts covering TGT, 16 have given it “holds,” nine have given it “buys,” and one has given it a “sell.”

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What analysts recommend for WMT

Walmart’s (WMT) recent acquisitions and expansion of its delivery platform are expected to drive its traffic going forward. Meanwhile, better margins from growing e-commerce sales are expected to support the EBIT in its US business. However, the company’s earnings are expected to remain pressured in the coming quarters.

Of the 32 analysts tracking Walmart, 17 have given it “holds,” and 15 have given it “buys.” Analysts maintain a consensus target price of $106.93 per share on WMT, which implies a potential upside of 8.7% based on its closing price of $98.36 on January 24.

Wall Street recommends a “buy” for COST

The majority of Wall Street analysts maintain “buy” ratings on Costco (COST) stock. Analysts expect Costco to continue to generate higher sales and EPS growth and outperform its peers in the coming quarters. Among the 28 analysts covering the stock, 17 have given it “buys,” and 11 have given it “holds.”

Analysts have a consensus target price of $236.83 on COST, which implies a potential upside of 12.6% based on its closing price of $210.31 on January 24.

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