** Target's TGT.N new CEO, Michael Fiddelke, pledged to restore annual sales growth, betting on a plan to spend billions to remodel stores, improve the customer shopping experience, and speed up deliveries to turn around the struggling retailer

** Co posted Q4 EPS of $2.44, beating estimates of $2.16

** Median PT of 40 brokerages covering the stock is $119 - LSEG-compiled data

A TURNAROUND IN THE CART

** D.A. Davidson ("buy," PT: $120) says that view has changed, as TGT’s analyst day showcased a slew of changes being implemented by CEO Mike Fiddelke in an aggressive timeframe

** Jefferies ("buy," PT: $140) says looking ahead, better merchandise and increased tech investments should help drive growth

** Oppenheimer ("outperform," PT: $140) says co has shown a greater sense of urgency and outlined aggressive plans to return to growth through a range of merchandising efforts and initiatives to improve the customer experience

** Morningstar (fair value: $118) says although near‑term economic pressures persist, TGT's efforts to broaden its assortment and improve shopping experience could help it return to low single‑digit sales growth over the longer term

(Reporting by Akriti Shah in New Delhi)

((akriti.shah@thomsonreuters.com))