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Jim Cramer on Goldman Sachs’ Target Upgrade, Credit Card Hacking

August 29, 2023
in Trade Tube
Reading Time: 1 min read
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Goldman Sachs on Friday upgraded Target from a “hold” to a “buy” despite Target’s credit card hacking debacle weighing on sales during a “trough” quarter. Jim Cramer agrees with the Goldman Sachs report which is keeping Target shares from trading lower than they had in early morning trading after Target reported how bad the credit card breach really was. Cramer is not a fan of Target but he can see the stock trading at $65. For more from Jim follow him on Twitter @JimCramer.

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