Target (NYSE:TGT) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Target (NYSE:TGT) had its price target increased by research analysts at JPMorgan Chase & Co. from $100.00 to $115.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the retailer’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 1.15% from the company’s current price.

A number of other equities analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $108.00 target price on Target in a research note on Thursday, January 8th. Robert W. Baird cut their price objective on Target from $100.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, November 20th. Roth Mkm set a $88.00 target price on Target in a research report on Thursday, November 20th. Morgan Stanley reiterated an “overweight” rating and set a $125.00 target price on shares of Target in a research note on Thursday, January 15th. Finally, Argus reduced their price target on shares of Target from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, December 1st. Ten research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $107.24.

Target Stock Down 1.0%

Target stock opened at $113.70 on Thursday. Target has a fifty-two week low of $83.44 and a fifty-two week high of $127.06. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.97. The firm’s 50-day simple moving average is $107.74 and its 200 day simple moving average is $97.83. The stock has a market cap of $51.48 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 11.68 and a beta of 1.14.

Hedge Funds Weigh In On Target

Several large investors have recently modified their holdings of TGT. Crawford Investment Counsel Inc. boosted its holdings in Target by 0.4% in the 4th quarter. Crawford Investment Counsel Inc. now owns 20,163 shares of the retailer’s stock worth $1,971,000 after buying an additional 90 shares during the period. Valtinson Bruner Financial Planning LLC lifted its position in shares of Target by 2.6% during the fourth quarter. Valtinson Bruner Financial Planning LLC now owns 3,604 shares of the retailer’s stock worth $352,000 after acquiring an additional 92 shares in the last quarter. Auxano Advisors LLC boosted its holdings in shares of Target by 3.0% in the fourth quarter. Auxano Advisors LLC now owns 3,193 shares of the retailer’s stock worth $312,000 after acquiring an additional 93 shares during the period. Pin Oak Investment Advisors Inc. boosted its holdings in shares of Target by 32.3% in the second quarter. Pin Oak Investment Advisors Inc. now owns 401 shares of the retailer’s stock worth $41,000 after acquiring an additional 98 shares during the period. Finally, OMERS ADMINISTRATION Corp grew its position in shares of Target by 0.6% in the second quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer’s stock valued at $1,738,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

More Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Wells Fargo raised its price target to $130 and reiterated an “overweight” rating, signaling a sizable upside vs. current levels and offering a strong analyst vote of confidence for the stock. Benzinga
• Positive Sentiment: Target announced it will sell only cereals made without certified synthetic colors by the end of May — a retailer-leading move that supports merchandising authority, ESG positioning, and could strengthen brand perception. PR Newswire
• Positive Sentiment: Target and Roller Rabbit will launch an exclusive spring collection (250+ items) to drive traffic and seasonal sales — a merchandising collaboration that may support comp trends if it resonates with customers. PR Newswire
• Neutral Sentiment: JPMorgan raised its price target to $115 but kept a “neutral” rating — a modest upward revision that offers some support but stops short of a bullish endorsement. Benzinga TickerReport
• Neutral Sentiment: Zacks commentary and multiple analyst pieces flag Target as a “trending” / value candidate ahead of results — useful for investors evaluating relative valuation and estimates but not an immediate catalyst. Zacks
• Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and $103 price target — a fresh analyst downside that adds selling pressure and gives investors a lower-conviction view. Finviz
• Negative Sentiment: Sanford C. Bernstein cut its price target to $91 and kept an “underperform” stance, representing a material downside and reinforcing a segment of analyst skepticism about near-term performance. Benzinga
• Negative Sentiment: Reuters reports growing investor agitation and leadership scrutiny tied to merchandising and policy decisions over the past three years — governance concerns can pressure the stock if activists push for changes or if execution missteps persist. Reuters

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.