Goldman Sachs Expects Upside In Radioshack, Upgrades Target To $25 (RSH, TGT)

Goldman Sachs upgraded Radioshack (NYSE: RSH) to Buy and added the stock to their ‘Conviction Buy List’, raising the price target to $25 from $21.

Improved wireless volume and at least a partial rollout of wireless kiosks in Target stores (NYSE: TGT) will lead to good 4Q earnings visibility making the street forecasts appear conservative. The upgrade by Goldman Sachs helped Radioshack gain 6.7% in premarket trading on Tuesday.