Target (NYSE:TGT) Price Target Raised to $140.00

Target (NYSE:TGT) had its target price increased by analysts at Oppenheimer from $130.00 to $140.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the retailer’s stock. Oppenheimer’s price target would indicate a potential upside of 15.86% from the company’s previous close.

Several other brokerages have also issued reports on TGT. Evercore set a $105.00 price target on shares of Target in a report on Tuesday, February 17th. Citigroup boosted their price target on Target from $89.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Argus reduced their target price on shares of Target from $135.00 to $125.00 and set a “buy” rating for the company in a report on Monday, December 1st. Mizuho increased their target price on shares of Target from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Roth Mkm set a $88.00 price objective on shares of Target in a research report on Thursday, November 20th. Eleven research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $111.21.

Target Stock Performance

TGT opened at $120.84 on Wednesday. Target has a 1 year low of $83.44 and a 1 year high of $122.43. The stock has a market cap of $54.72 billion, a PE ratio of 14.67 and a beta of 1.12. The stock’s 50 day simple moving average is $108.64 and its 200-day simple moving average is $97.91. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99.

Target (NYSE:TGT) last issued its earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating the consensus estimate of $2.16 by $0.28. Target had a net margin of 3.58% and a return on equity of 22.74%. The company had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. During the same quarter in the previous year, the company earned $2.41 EPS. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. 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 forecast that Target will post 8.69 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CWM LLC grew its position in Target by 41.5% in the 3rd quarter. CWM LLC now owns 38,819 shares of the retailer’s stock worth $3,482,000 after purchasing an additional 11,378 shares during the period. Twelve Points Wealth Management LLC bought a new position in shares of Target in the third quarter worth about $1,236,000. QVR LLC bought a new stake in shares of Target during the second quarter valued at approximately $11,014,000. LJI Wealth Management LLC lifted its stake in Target by 446.4% in the 3rd quarter. LJI Wealth Management LLC now owns 23,836 shares of the retailer’s stock worth $2,138,000 after purchasing an additional 19,474 shares in the last quarter. Finally, Matrix Asset Advisors Inc. NY increased its stake in Target by 12.3% in the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 177,721 shares of the retailer’s stock worth $15,942,000 after acquiring an additional 19,492 shares during the last quarter. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

Key Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Q4 earnings beat and margin improvement: Target reported adjusted EPS of $2.44 (above estimates) with margin gains despite slightly softer revenue — a key catalyst for investor optimism. Target Q4 2025 earnings press release
• Positive Sentiment: FY 2026 guidance raised: Target gave FY26 EPS guidance of $7.50–$8.50, above consensus, supporting a more constructive longer?term earnings outlook. Target FY2026 guidance (press materials)
• Positive Sentiment: New CEO strategy & $2B growth investment: Management outlined a multi?year turnaround — $2B incremental 2026 investment (store displays, payroll/training, assortment, technology/AI) intended to accelerate sales recovery. Target strategic plan PR
• Positive Sentiment: AI & personalization narrative lifting sentiment: Coverage highlights management’s push to use AI for personalization and e?commerce momentum, a storyline investors rewarded. InsiderMonkey: Target turns to AI
• Positive Sentiment: Analyst upgrades and higher targets: Guggenheim raised its target to $130 (buy) and Telsey moved to outperform with a $145 target — fresh buy?side notes that support further upside. Benzinga coverage of analyst moves
• Neutral Sentiment: Mixed sell?side signals: Piper Sandler raised its target to $119 (neutral) and Mizuho to $100 (neutral) — shows divergence in how analysts value the turnaround vs. current stock level. TickerReport on Piper Sandler note
• Negative Sentiment: Soft top?line and weak near?term guide: Revenue was down year?over?year and Q1 EPS guide (around $1.30) is well below Street expectations — a clear near?term headwind. Target Q4 results and Q1 guidance (press materials)

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.