Target (NYSE:TGT) Earns “Market Perform” Rating from Telsey Advisory Group

Target (NYSE:TGT)‘s stock had its “market perform” rating reissued by equities research analysts at Telsey Advisory Group in a research report issued on Wednesday,Benzinga reports. They presently have a $110.00 target price on the retailer’s stock. Telsey Advisory Group’s price target indicates a potential downside of 2.79% from the stock’s previous close.

A number of other research firms also recently weighed in on TGT. Sanford C. Bernstein dropped their price target on shares of Target from $87.00 to $80.00 and set an “underperform” rating for the company in a research note on Thursday, November 20th. Bank of America cut their target price on shares of Target from $93.00 to $80.00 and set an “underperform” rating for the company in a research note on Thursday, November 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Target in a research note on Wednesday, January 21st. TD Cowen decreased their target price on shares of Target from $105.00 to $90.00 and set a “hold” rating on the stock in a research note on Thursday, November 20th. Finally, DA Davidson set a $120.00 price target on Target in a report on Monday, January 12th. Ten research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $103.20.

Target Trading Down 2.0%

NYSE:TGT opened at $113.16 on Wednesday. The stock’s 50-day moving average is $102.64 and its two-hundred day moving average is $96.68. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.97 and a quick ratio of 0.27. Target has a fifty-two week low of $83.44 and a fifty-two week high of $132.47. The stock has a market cap of $51.24 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 11.82 and a beta of 1.14.

Target (NYSE:TGT) last posted its earnings results on Wednesday, November 19th. The retailer reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.71 by $0.07. The firm had revenue of $25.27 billion during the quarter, compared to analysts’ expectations of $25.44 billion. Target had a net margin of 3.58% and a return on equity of 22.74%. The company’s revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.85 earnings per share. Target has set its FY 2025 guidance at 7.000-8.000 EPS. As a group, equities research analysts forecast that Target will post 8.69 earnings per share for the current fiscal year.

Institutional Trading of Target

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Target by 14.7% during the second quarter. Vanguard Group Inc. now owns 51,444,338 shares of the retailer’s stock valued at $5,074,984,000 after buying an additional 6,607,982 shares during the last quarter. Norges Bank purchased a new position in shares of Target during the 4th quarter valued at about $587,903,000. State Street Corp increased its stake in Target by 4.3% in the 2nd quarter. State Street Corp now owns 36,736,101 shares of the retailer’s stock worth $3,624,016,000 after buying an additional 1,529,026 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Target by 133.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,223,776 shares of the retailer’s stock valued at $219,376,000 after buying an additional 1,273,129 shares during the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of Target by 96.1% in the second quarter. California Public Employees Retirement System now owns 2,165,396 shares of the retailer’s stock worth $213,616,000 after buying an additional 1,060,885 shares in 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: New executive lineup and merchandising focus that analysts call constructive — Target named Lisa Roath as COO and promoted Cara Sylvester to chief merchandising officer; Jefferies says the leadership refresh should improve execution and strategic momentum under CEO Michael Fiddelke. Article Title
• Positive Sentiment: Target confirmed Q4 financial guidance and announced executive changes intended to accelerate growth, signaling management confidence in its turnaround plan. Article Title
• Positive Sentiment: Large, unusual call buying — investors purchased roughly 328,752 call options (about a 408% jump vs. average), which typically signals bullish speculation or hedging that can push near-term share demand. (Market options data)
• Positive Sentiment: AI-driven inventory and operations work is a core part of Target’s turnaround, helping fix in-stock gaps and potentially improving sales and margins over time. Article Title
• Neutral Sentiment: Operational rebalancing — Target will boost store staffing to improve guest experience while cutting ~500 roles in distribution centers and regional offices; this should help customer-facing performance but may pressure near-term costs/savings timing. Article Title
• Neutral Sentiment: Circana (retail analytics) appointed new board members adding retail and AI expertise — indirectly relevant to Target through industry data/insights, but impact on TGT is limited/uncertain. Article Title
• Negative Sentiment: Weak macro retail data — December retail sales were flat and missed estimates, reinforcing concerns about consumer spending and creating headwinds for headline same‑store sales across retailers, including Target. Article Title

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.