It looks like all the downside is already priced into shares.Bullish upgrades point towards fundamental tailwinds.The technical setup also supports a long position.With the broader equity market doing its best to reverse the lows that have done so much damage in recent weeks, investors in Target (NYSE:TGT) haven’t seen a fresh low since June. While shares are still down about 35% from where they started the year, the fact that they’re up the guts of 15% in the past 4 months is the bigger story. And after yesterday’s updated rating from the team at Jefferies, it’s looking like things are about …