Target (NYSE:TGT) Price Target Raised to $112.00 at The Goldman Sachs Group

Target (NYSE:TGT) had its price target lifted by The Goldman Sachs Group from $91.00 to $112.00 in a research note released on Wednesday,Benzinga reports. The Goldman Sachs Group currently has a neutral rating on the retailer’s stock.

TGT has been the topic of several other reports. Morgan Stanley boosted their target price on Target from $125.00 to $145.00 and gave the stock an “overweight” rating in a report on Wednesday. Citigroup raised their price target on Target from $89.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Mizuho upped their price target on shares of Target from $88.00 to $100.00 and gave the stock a “neutral” rating in a research note on Monday. TD Cowen reduced their price objective on shares of Target from $105.00 to $90.00 and set a “hold” rating for the company in a research note on Thursday, November 20th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Target in a report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $114.90.

Target Price Performance

Shares of TGT opened at $120.03 on Wednesday. Target has a fifty-two week low of $83.44 and a fifty-two week high of $126.00. The firm’s 50-day simple moving average is $109.11 and its two-hundred day simple moving average is $98.06. The stock has a market cap of $54.35 billion, a PE ratio of 14.76 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 0.94.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion during the quarter, compared to analyst estimates of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The business’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the business earned $2.41 earnings per share. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Analysts anticipate that Target will post 8.69 earnings per share for the current fiscal year.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Wednesday, February 11th were issued a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Wednesday, February 11th. Target’s dividend payout ratio (DPR) is presently 55.34%.

Institutional Investors Weigh In On Target

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Crawford Investment Counsel Inc. raised its stake in Target by 0.4% during the 4th quarter. Crawford Investment Counsel Inc. now owns 20,163 shares of the retailer’s stock valued at $1,971,000 after buying an additional 90 shares during the last quarter. Valtinson Bruner Financial Planning LLC grew its holdings in shares of Target by 2.6% in the fourth quarter. Valtinson Bruner Financial Planning LLC now owns 3,604 shares of the retailer’s stock worth $352,000 after acquiring an additional 92 shares during the period. Auxano Advisors LLC increased its position in Target by 3.0% during the fourth quarter. Auxano Advisors LLC now owns 3,193 shares of the retailer’s stock valued at $312,000 after acquiring an additional 93 shares during the last quarter. Pin Oak Investment Advisors Inc. lifted its holdings in Target by 32.3% in the second quarter. Pin Oak Investment Advisors Inc. now owns 401 shares of the retailer’s stock valued at $41,000 after acquiring an additional 98 shares during the period. Finally, OMERS ADMINISTRATION Corp lifted its holdings in Target by 0.6% in the second quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer’s stock valued at $1,738,000 after acquiring an additional 100 shares during the period. Hedge funds and other 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: Company unveiled a multi‑year turnaround and incremental spending plan (store refreshes, payroll/training, assortment changes, AI personalization and same‑day/digital investments) that supports a return to growth and justifies the earlier rally. Target outlines strategic plan
• Positive Sentiment: Q4 beat on EPS and margin improvement (adjusted EPS $2.44 vs. ~$2.16) plus strong free cash flow arguments (supporting dividend/buyback optionality) which drove a sizable short‑term rally. Q4 results press release
• Positive Sentiment: Multiple brokers raised price targets and issued upgrades (UBS, Oppenheimer, Guggenheim, Telsey and others), reflecting renewed investor confidence in the turnaround’s upside. Analyst reactions / price target moves
• Neutral Sentiment: Management issued FY 2026 EPS guidance above consensus (7.50–8.50 vs. ~7.33), signaling medium‑term improvement, but the company’s sales trajectory remains mixed (some categories growing, total revenue still down year‑over‑year). Guidance and sales context
• Neutral Sentiment: Firm is leaning into AI for personalization and same‑day delivery expansion — a potential multi‑quarter driver for digital sales if execution succeeds, but benefits will accrue gradually. AI personalization article
• Negative Sentiment: Q1 2026 guidance was weak (management offered a low Q1 EPS guide below Street expectations), which introduces near‑term downside risk and explains some of the intraday profit‑taking. Guidance details
• Negative Sentiment: Analysts and investors warned about execution risk — turning around categories, reworking store layouts and ramping AI are capital‑intensive and operationally complex; some firms (e.g., BofA, BNP Paribas Exane) remain cautious or retain underperform calls. Seeking Alpha critique

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.