Target’s (TGT) “Market Perform” Rating Reaffirmed at Telsey Advisory Group

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

Several other equities research analysts have also recently issued reports on the company. Mizuho reduced their target price on Target from $94.00 to $88.00 and set a “neutral” rating on the stock in a report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft set a $108.00 price target on Target in a research report on Thursday, January 8th. Robert W. Baird reduced their target price on shares of Target from $100.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, November 20th. Evercore lifted their price target on shares of Target from $95.00 to $100.00 and gave the company an “in-line” rating in a research report on Tuesday, February 3rd. Finally, Roth Mkm set a $88.00 price objective on shares of Target in a research report on Thursday, November 20th. Ten equities research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $103.20.

Target Price Performance

TGT opened at $113.16 on Wednesday. Target has a 12-month low of $83.44 and a 12-month high of $132.47. 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 company has a market cap of $51.24 billion, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 11.82 and a beta of 1.14. The stock has a fifty day simple moving average of $102.64 and a two-hundred day simple moving average of $96.68.

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

Institutional Trading of Target

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Target by 0.5% during the 4th 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 during the last quarter. State Street Corp lifted its position in shares of Target by 2.5% in the 3rd quarter. State Street Corp now owns 37,648,065 shares of the retailer’s stock worth $3,377,031,000 after buying an additional 911,964 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Target by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 16,247,590 shares of the retailer’s stock valued at $1,602,825,000 after purchasing an additional 277,176 shares during the last quarter. Norges Bank bought a new position in Target during the 4th quarter worth $587,903,000. Finally, Dimensional Fund Advisors LP boosted its stake in Target by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,051,151 shares of the retailer’s stock valued at $453,050,000 after purchasing an additional 122,300 shares during the period. 79.73% of the stock is owned by hedge funds and other institutional investors.

Target News Summary

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

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.