DA Davidson Increases Target (NYSE:TGT) Price Target to $155.00

Target (NYSE:TGT) had its target price lifted by stock analysts at DA Davidson from $140.00 to $155.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the retailer’s stock. DA Davidson’s price target points to a potential upside of 27.61% from the stock’s previous close.

TGT has been the subject of a number of other research reports. UBS Group raised their price objective on shares of Target from $130.00 to $144.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Royal Bank Of Canada raised their price objective on shares of Target from $132.00 to $153.00 and gave the company an “outperform” rating in a research report on Thursday. Truist Financial set a $130.00 price objective on shares of Target in a research report on Wednesday. Bank of America started coverage on shares of Target in a research report on Friday, February 27th. They issued an “underperform” rating and a $103.00 price objective for the company. Finally, Guggenheim restated a “buy” rating and issued a $140.00 price objective on shares of Target in a research report on Wednesday. Eleven research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have given 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 $124.11.

Target Stock Performance

Shares of TGT traded down $0.87 during mid-day trading on Thursday, hitting $121.46. 4,056,361 shares of the company’s stock were exchanged, compared to its average volume of 6,023,777. Target has a fifty-two week low of $83.44 and a fifty-two week high of $133.10. The firm has a market capitalization of $55.16 billion, a P/E ratio of 14.94, a P/E/G ratio of 3.78 and a beta of 1.01. The business’s 50 day moving average is $122.25 and its two-hundred day moving average is $109.26. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89.

Target (NYSE:TGT) last announced its quarterly earnings data on Wednesday, May 20th. The retailer reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.24. The firm had revenue of $25.44 billion during the quarter, compared to the consensus estimate of $24.66 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.30 earnings per share. Target has set its FY 2026 guidance at 7.500-8.500 EPS. On average, equities analysts expect that Target will post 8.06 earnings per share for the current year.

Insider Transactions at Target

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total value of $240,591.07. Following the completion of the transaction, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Target by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 58,212,397 shares of the retailer’s stock valued at $5,690,262,000 after buying an additional 286,499 shares in the last quarter. State Street Corp increased its stake in shares of Target by 0.3% during the 4th quarter. State Street Corp now owns 37,772,533 shares of the retailer’s stock worth $3,692,265,000 after purchasing an additional 124,468 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Target by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,065,926 shares of the retailer’s stock worth $1,668,194,000 after purchasing an additional 561,898 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Target by 2.4% during the 4th quarter. Franklin Resources Inc. now owns 6,194,448 shares of the retailer’s stock worth $605,507,000 after purchasing an additional 142,937 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Target during the 4th quarter worth approximately $587,903,000. 79.73% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Target reported first-quarter EPS of $1.71 versus $1.47 expected and revenue of $25.44 billion versus $24.66 billion expected, with net sales up 6.7% year over year and traffic up 4.4%, showing its turnaround is gaining traction. Target Corporation Reports First Quarter Earnings
• Positive Sentiment: Management raised FY2026 guidance, lifting its sales outlook and pointing to stronger full-year performance, which supports the case that refreshed merchandising and store investments are working. Target doubles annual sales growth forecast as turnaround starts to pay off
• Positive Sentiment: Telsey Advisory Group and other analysts raised price targets after the earnings report, signaling improving sentiment around Target’s earnings power and implying further upside if the turnaround continues.
• Positive Sentiment: Additional commentary highlighted stronger store visits, digital sales, and category momentum, reinforcing that consumers are responding to Target’s updated product mix and value-focused strategy. TGT Q1 Earnings Call Highlights Early Strategy Gains
• Neutral Sentiment: Several analysts reiterated neutral ratings while raising price targets, suggesting the results were good but not yet enough to make the stock a clear top pick.
• Neutral Sentiment: Coverage discussing the stock’s five-year underperformance versus Walmart and Costco underscores that Target still has a lot to prove before investor confidence fully returns. Target Badly Crippled By Competition
• Negative Sentiment: Some articles and commentary flagged cost headwinds, execution risk, and softer consumer sentiment, which may be limiting enthusiasm even after the earnings beat. Why Target Stock Declined Today
• Negative Sentiment: Freedom Capital downgraded Target from strong-buy to hold, reflecting concern that valuation and near-term risk/reward have become less attractive after the rally in fundamentals.

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.