Barclays Forecasts Strong Price Appreciation for Target (NYSE:TGT) Stock

Target (NYSE:TGT) had its price objective raised by analysts at Barclays from $91.00 to $108.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an “underweight” rating on the retailer’s stock. Barclays‘s price target would indicate a potential downside of 10.36% from the company’s current price.

Several other research analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $108.00 target price on shares of Target in a report on Thursday, January 8th. JPMorgan Chase & Co. lifted their price objective on Target from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Truist Financial upped their target price on Target from $90.00 to $121.00 and gave the company a “hold” rating in a research report on Tuesday. Mizuho raised their price target on Target from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, BMO Capital Markets cut their price objective on shares of Target from $95.00 to $90.00 and set a “market perform” rating for the company in a research report on Thursday, November 20th. Eleven investment analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Target currently has an average rating of “Hold” and an average target price of $115.76.

Target Stock Performance

Shares of NYSE TGT opened at $120.48 on Wednesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.27. The firm has a market cap of $54.55 billion, a price-to-earnings ratio of 14.82 and a beta of 1.12. The stock’s fifty day moving average price is $109.59 and its two-hundred day moving average price is $98.22. Target has a one year low of $83.44 and a one year high of $126.00.

Target (NYSE:TGT) last released its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating the consensus estimate of $2.16 by $0.28. Target had a net margin of 3.54% and a return on equity of 22.25%. The business had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. During the same period in the prior year, the company posted $2.41 earnings per share. Target’s revenue was down 1.5% compared to the same quarter last year. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. On average, equities analysts forecast that Target will post 8.69 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TGT. Brighton Jones LLC boosted its holdings in shares of Target by 101.3% during the 4th quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock valued at $822,000 after acquiring an additional 3,059 shares in the last quarter. Woodline Partners LP increased its holdings in Target by 39.9% in the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after purchasing an additional 11,047 shares in the last quarter. Assetmark Inc. raised its position in Target by 41.7% in the second quarter. Assetmark Inc. now owns 8,312 shares of the retailer’s stock valued at $820,000 after purchasing an additional 2,448 shares during the last quarter. Sigma Planning Corp boosted its stake in shares of Target by 24.9% during the second quarter. Sigma Planning Corp now owns 7,916 shares of the retailer’s stock valued at $781,000 after purchasing an additional 1,579 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in shares of Target by 4.6% during the second quarter. Crestwood Advisors Group LLC now owns 12,478 shares of the retailer’s stock worth $1,231,000 after purchasing an additional 546 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors and hedge funds.

More Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Q4 beat + clear turnaround roadmap — Target beat adjusted EPS estimates and gave FY/Q1 guidance while unveiling a multi-year growth plan (store investments, remodels, tech/AI). That combination is the primary bullish catalyst. Margins Up, Foot Traffic Down
• Positive Sentiment: Large store expansion and remodel program — Target plans to open >30 stores in 2026 and has a long‑term target of ~300 new stores by 2035, plus >130 remodels this year, which supports comp and square‑foot growth expectations. Target Challenges Retail Rivals With 300-Store Growth Plan
• Positive Sentiment: Investment/AI narrative lifted sentiment — Management’s $2B+ fiscal‑2026 investment plan and AI-driven digital efforts were flagged as growth levers; headlines tied these moves to a notable intraday rally. Target Stock Rises 7% After Unveiling Bold Multi-Year Growth Strategy
• Positive Sentiment: Analyst upgrades and higher price targets — Several firms (UBS, Oppenheimer, Telsey, Guggenheim, BMO and others) raised targets and ratings after the investor day/earnings release, which supports momentum and institutional buying interest. (Multiple broker reports compiled across news outlets.)
• Neutral Sentiment: Mixed analyst moves — Some banks raised price targets but maintained neutral/market‑perform ratings (e.g., JPMorgan, Citigroup, Piper). Those changes are supportive but reflect cautious conviction.
• Negative Sentiment: Top‑line weakness and foot‑traffic headwinds remain — Revenue was down ~1.5% y/y in the quarter and commentary noted weaker foot traffic in some categories, a reminder that execution risk on the turnaround is real. Target: Sales Remain Weak, Shares Fairly Valued
• Negative Sentiment: Cautious / bearish analyst notes persist — Bank of America kept an underperform stance and some firms still express execution risk; BNP Paribas Exane’s underperform view (even with a higher PT) highlights downside scenarios if comps don’t recover. Target’s turnaround faces execution risks, says Bank of America

Target Company Profile

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.