Wells Fargo & Company Issues Positive Forecast for Target (NYSE:TGT) Stock Price

Target (NYSE:TGT) had its target price upped by equities research analysts at Wells Fargo & Company from $115.00 to $130.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the retailer’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 14.47% from the company’s current price.

Other research analysts have also recently issued reports about the company. Truist Financial raised their target price on Target from $83.00 to $90.00 and gave the stock a “hold” rating in a research report on Thursday, November 20th. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 price objective on shares of Target in a report on Thursday, December 18th. Mizuho lowered their target price on shares of Target from $94.00 to $88.00 and set a “neutral” rating on the stock in a research note on Thursday, November 20th. Evercore set a $105.00 price objective on Target in a report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. upped their price objective on Target from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday. Ten investment analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Target presently has an average rating of “Hold” and an average target price of $107.24.

Target Stock Performance

Shares of NYSE:TGT traded down $1.22 on Friday, hitting $113.57. 1,703,989 shares of the company were exchanged, compared to its average volume of 6,250,305. Target has a one year low of $83.44 and a one year high of $127.06. The firm has a market capitalization of $51.43 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 11.80 and a beta of 1.14. The company’s 50 day moving average price is $107.43 and its two-hundred day moving average price is $97.76. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.97.

Institutional Investors Weigh In On Target

A number of institutional investors and hedge funds have recently made changes to their positions in TGT. WFA of San Diego LLC acquired a new stake in Target in the second quarter worth about $25,000. Jessup Wealth Management Inc bought a new position in shares of Target in the 4th quarter valued at about $25,000. Altshuler Shaham Ltd acquired a new stake in shares of Target during the 4th quarter worth approximately $26,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Target during the third quarter worth approximately $27,000. Finally, Global Wealth Strategies & Associates raised its stake in shares of Target by 192.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after buying an additional 192 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

Key Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: JPMorgan raised its price target to $115 and kept a “neutral” rating, giving a modest upside case and signaling some confidence in near‑term performance. Benzinga Article
• Positive Sentiment: Target announced an exclusive Roller Rabbit spring collection (250+ items), a merchandising push that can drive traffic and higher-margin owned‑brand sales. Roller Rabbit Collection
• Positive Sentiment: Target will stop selling cereals made with certified synthetic colors by the end of May — a brand‑forward product change presented as part of merchandising leadership that could boost customer perception and private‑label traction. PR Newswire Release
• Neutral Sentiment: Evercore raised its price target to $105 and kept an “In Line” rating — a modest vote of confidence but not a buy signal; suggests limited near‑term upside. Evercore Note
• Neutral Sentiment: Multiple Zacks pieces are highlighting Target as a trending/valuation story and covering Q4 expectations; useful for framing investor debate but not new company-specific catalysts. Zacks Trending Note
• Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and a $103 price target, signaling analyst concerns and adding downside pressure to the stock. Finviz Summary
• Negative Sentiment: Sanford C. Bernstein raised its target to $91 but maintained an “underperform” rating, reinforcing bearish sentiment from some institutional analysts. Bernstein Note

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.