Target CEO Pick Cornell’s Outsider Status Seen As Big Asset
date:Aug 04, 2014
d cautious about spending during the economys shaky recovery.

While those lower earnings may become the companys baseline, Cornells presence and early moves may be able to boost the stock, Faye Landes, an analyst at Cowen Co. in New York, said yesterday in a note upgrading the stock to the equivalent of a hold from a sell.

He is an excellent presenter, Landes said, and is likely to rapidly give the impression that he has the situation at Target under control.

As for the company hes leaving,
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