Target (NYSE:TGT) Upgraded at Telsey Advisory Group

Target (NYSE:TGT) was upgraded by research analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating in a report released on Wednesday, MarketBeat reports. The brokerage presently has a $145.00 price objective on the retailer’s stock, up from their prior price objective of $110.00. Telsey Advisory Group’s target price points to a potential upside of 19.99% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the stock. DA Davidson set a $120.00 target price on shares of Target in a research note on Monday, January 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Target in a research report on Wednesday, January 21st. Robert W. Baird lowered their price target on shares of Target from $100.00 to $92.00 and set a “neutral” rating on the stock in a report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft set a $108.00 price objective on Target in a report on Thursday, January 8th. Finally, Sanford C. Bernstein upgraded Target from an “underperform” rating to a “market perform” rating and increased their target price for the stock from $91.00 to $116.00 in a research note on Wednesday. Eleven research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $111.55.

Target Price Performance

Shares of TGT opened at $120.84 on Wednesday. The stock has a 50 day simple moving average of $108.64 and a 200 day simple moving average of $97.91. Target has a 52-week low of $83.44 and a 52-week high of $122.43. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.97. The firm has a market capitalization of $54.72 billion, a PE ratio of 14.67 and a beta of 1.12.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. Target had a return on equity of 22.74% and a net margin of 3.58%.The firm had revenue of $30.45 billion during the quarter, compared to analysts’ expectations of $30.52 billion. During the same quarter in the prior year, the company earned $2.41 EPS. The company’s revenue was down 1.5% on a year-over-year basis. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Sell-side analysts predict that Target will post 8.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Target

A number of hedge funds have recently modified their holdings of TGT. WFA of San Diego LLC acquired a new stake in shares of Target in the second quarter valued at about $25,000. Jessup Wealth Management Inc bought a new stake in Target in the fourth quarter valued at approximately $25,000. Altshuler Shaham Ltd acquired a new stake in Target during the 4th quarter valued at approximately $26,000. Global Wealth Strategies & Associates raised its holdings in Target by 192.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after purchasing an additional 192 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of Target in the 3rd quarter worth approximately $27,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target News Summary

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.