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

Target (NYSE:TGT) had its price target raised by analysts at UBS Group from $130.00 to $144.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the retailer’s stock. UBS Group’s price target would suggest a potential upside of 19.52% from the company’s current price.

TGT has been the topic of a number of other research reports. KeyCorp reiterated a “sector weight” rating on shares of Target in a research report on Wednesday. Oppenheimer upped their target price on Target from $130.00 to $140.00 and gave the stock an “outperform” rating in a research note on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $130.00 price target on shares of Target in a report on Wednesday. Argus cut their price objective on Target from $135.00 to $125.00 and set a “buy” rating for the company in a report on Monday, December 1st. Finally, Morgan Stanley upped their price objective on shares of Target from $125.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday. Eleven research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Target presently has a consensus rating of “Hold” and an average target price of $115.76.

Target Trading Up 0.3%

Shares of Target stock opened at $120.48 on Wednesday. The company’s 50-day moving average price is $109.59 and its 200-day moving average price is $98.22. The company has a current ratio of 0.94, a quick ratio of 0.27 and a debt-to-equity ratio of 0.89. Target has a 12-month low of $83.44 and a 12-month high of $126.00. The company has a market cap of $54.55 billion, a price-to-earnings ratio of 14.82 and a beta of 1.12.

Target (NYSE:TGT) last issued its quarterly earnings data 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 company had revenue of $30.45 billion during the quarter, compared to analysts’ expectations of $30.52 billion. During the same quarter in the previous year, the company earned $2.41 earnings per share. Target’s revenue for the quarter was down 1.5% on a year-over-year basis. 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 expect that Target will post 8.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Target

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Target by 101.3% in the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after purchasing an additional 3,059 shares during the last quarter. Woodline Partners LP raised its position in Target by 39.9% during the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock valued at $4,040,000 after purchasing an additional 11,047 shares during the last quarter. Assetmark Inc. lifted its holdings in Target by 41.7% in the 2nd quarter. Assetmark Inc. now owns 8,312 shares of the retailer’s stock worth $820,000 after buying an additional 2,448 shares during the period. Sigma Planning Corp grew its position in shares of Target by 24.9% in the 2nd quarter. Sigma Planning Corp now owns 7,916 shares of the retailer’s stock worth $781,000 after buying an additional 1,579 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its position in shares of Target by 4.6% in the 2nd quarter. Crestwood Advisors Group LLC now owns 12,478 shares of the retailer’s stock worth $1,231,000 after buying an additional 546 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

Trending Headlines about 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.