Target (NYSE:TGT) Stock Price Expected to Rise, Guggenheim Analyst Says

Target (NYSE:TGT) had its price target lifted by Guggenheim from $125.00 to $130.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the retailer’s stock. Guggenheim’s target price points to a potential upside of 7.90% from the company’s previous close.

Several other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Target from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Mizuho increased their price target on shares of Target from $88.00 to $100.00 and gave the stock a “neutral” rating in a research note on Monday. Jefferies Financial Group reiterated a “buy” rating and issued a $115.00 price target on shares of Target in a report on Thursday, December 18th. Wells Fargo & Company boosted their price objective on shares of Target from $115.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, Telsey Advisory Group raised Target from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $110.00 to $145.00 in a research report on Wednesday. Eleven analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $115.76.

Target Stock Performance

Shares of TGT opened at $120.48 on Wednesday. Target has a 1 year low of $83.44 and a 1 year high of $126.00. The company’s 50 day simple moving average is $109.59 and its 200 day simple moving average is $98.22. The company has a market capitalization of $54.55 billion, a price-to-earnings ratio of 14.82 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 0.94.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Target by 101.3% during the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock valued at $822,000 after purchasing an additional 3,059 shares during the last quarter. Woodline Partners LP increased its position in Target by 39.9% in the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock valued at $4,040,000 after acquiring an additional 11,047 shares during the period. Assetmark Inc. grew its stake in shares of Target by 41.7% in the second quarter. Assetmark Inc. now owns 8,312 shares of the retailer’s stock worth $820,000 after purchasing an additional 2,448 shares in the last quarter. Sigma Planning Corp increased its holdings 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 during the period. Finally, Crestwood Advisors Group LLC raised its stake 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 valued at $1,231,000 after purchasing an additional 546 shares in the last quarter. Institutional investors own 79.73% of the company’s stock.

Key Stories Impacting Target

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.