Guggenheim Raises Target (NYSE:TGT) Price Target to $130.00

Target (NYSE:TGT) had its price target hoisted by equities research analysts at Guggenheim from $125.00 to $130.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the retailer’s stock. Guggenheim’s price objective would suggest a potential upside of 7.58% from the stock’s current price.

TGT has been the subject of a number of other reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Target in a research note on Wednesday, January 21st. Truist Financial set a $121.00 target price on shares of Target in a report on Tuesday. Robert W. Baird decreased their target price on shares of Target from $100.00 to $92.00 and set a “neutral” rating for the company in a research note on Thursday, November 20th. Morgan Stanley reissued an “overweight” rating and set a $125.00 price target on shares of Target in a report on Thursday, January 15th. Finally, Argus reduced their price objective on Target from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, December 1st. Eleven equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $111.55.

Target Stock Up 6.8%

Target stock opened at $120.84 on Wednesday. Target has a 12 month low of $83.44 and a 12 month high of $122.43. The stock has a fifty day simple moving average of $108.64 and a two-hundred day simple moving average of $97.91. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99. The firm has a market cap of $54.72 billion, a price-to-earnings ratio of 14.67 and a beta of 1.12.

Target (NYSE:TGT) last released 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 return on equity of 22.74% and a net margin of 3.58%.The company had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. During the same period last year, the firm 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. Equities analysts predict that Target will post 8.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Target

Several large investors have recently made changes to their positions in the business. Brighton Jones LLC lifted its holdings in Target by 101.3% in the 4th quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after purchasing an additional 3,059 shares in the last quarter. Woodline Partners LP raised its position in shares of Target by 39.9% during the first quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock valued at $4,040,000 after buying an additional 11,047 shares during the last quarter. Assetmark Inc. lifted its holdings 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 buying an additional 2,448 shares in the last quarter. Sigma Planning Corp lifted its holdings in shares of Target by 24.9% in the second quarter. Sigma Planning Corp now owns 7,916 shares of the retailer’s stock worth $781,000 after buying an additional 1,579 shares in the last quarter. Finally, Crestwood Advisors Group LLC boosted its position 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 acquiring an additional 546 shares during the last quarter. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Q4 adjusted EPS beat estimates ($2.44 vs. ~$2.16 consensus) and margins improved, giving investors confidence in profitability despite softer sales. Target climbs after earnings beating forecasts despite softer sales
• Positive Sentiment: Management issued FY2026 EPS guidance that exceeded consensus (7.50–8.50 vs. ~7.33), signaling confidence in the year ahead and supporting upside expectations. Target Beats Q4 Earnings Estimates, Eyes Sales Growth in FY2026
• Positive Sentiment: Company unveiled a multi-year strategic plan and will invest an incremental $2B in 2026 (capex + operating investments) to refresh stores, upgrade payroll/training and accelerate tech — including AI — to drive personalization and sales. Target Outlines Strategic Plan for a New Chapter of Growth in 2026 and Beyond
• Positive Sentiment: Market reaction was amplified by investor coverage of Target’s push into AI-driven personalization and same-day fulfillment as a near-term sales catalyst. Target Corp. (TGT) Jumps 6.7% as Firm Turns to AI For Growth
• Neutral Sentiment: Net sales were essentially flat to slightly down (Q4 net sales ~$30.5B), with strength in Food & Beverage, Beauty and Toys offset by weaker comps overall — mixed operational readthrough. Target Corporation Reports Fourth Quarter and Full-Year 2025 Earnings
• Negative Sentiment: Q1 FY2026 EPS guide was well below the street (around $1.30 vs. ~$1.89 consensus), highlighting near-term sales pressure and tempering the earnings beat. Target Corporation (TGT) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Some analysts remain cautious: a recent Mizuho note raised its price target but kept a neutral rating, underscoring that upside depends on execution of the turnaround plan. Analyst note (Mizuho) / coverage

About Target

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.