Shares of Target Corp (NYSE:TGT) remained volatile in early trading on Thursday, even after the company reported upbeat third-quarter earnings.

Here are some key analyst takeaways:

BofA Securities analyst Robert Ohmes maintained an Underperform rating, while reducing the price target from $93 to $80.

DA Davidson analyst Michael Baker reaffirmed a Buy rating and price target of $108.

JPMorgan analyst Christopher Horvers reiterated a Neutral rating and price target of $100.

Telsey Advisory Group analyst Joseph Feldman maintained a Marlet Perform rating and price target of $110.

Needham analyst Robert Drbul reiterated a Neutral rating on the stock.

Check out other analyst stock ratings.

BofA Securities: Target reported adjusted earnings of $1.78 per share, beating Street expectations of $1.72 per share, Ohmes said in a note. Comps declined by 2.7%, much steeper than the consensus estimate of a 1.8% contraction, reflecting a 2.2% decline in traffic and a 0.5% lower ticket size, he added.

Target's gross margin of 28.2% came in slightly lower than expectations of 28.4%, on higher markdowns, the analyst stated. "While we see continued sales softness for TGT, we think recently announced price reductions and merchandising initiatives could help support its perception of value ...