Target (NYSE:TGT) Price Target Raised to $130.00 at Guggenheim

Target (NYSE:TGT) had its price objective boosted by Guggenheim from $125.00 to $130.00 in a research note issued to investors on Wednesday,Benzinga reports. Guggenheim currently has a buy rating on the retailer’s stock.

TGT has been the subject of a number of other reports. UBS Group reaffirmed a “buy” rating and set a $130.00 price target on shares of Target in a research note on Monday, February 23rd. Roth Mkm set a $88.00 target price on shares of Target in a research note on Thursday, November 20th. Truist Financial boosted their target price on shares of Target from $90.00 to $121.00 and gave the stock a “hold” rating in a research report on Tuesday. Robert W. Baird cut 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. Finally, Argus reduced their price objective on shares of Target from $135.00 to $125.00 and set a “buy” rating for the company in a research note on Monday, December 1st. Eleven equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $114.90.

Target Stock Down 0.6%

Shares of Target stock opened at $120.03 on Wednesday. The stock has a 50-day moving average price of $109.11 and a 200 day moving average price of $98.06. The company has a current ratio of 0.94, a quick ratio of 0.27 and a debt-to-equity ratio of 0.89. The company has a market cap of $54.35 billion, a P/E ratio of 14.76 and a beta of 1.12. Target has a 1 year low of $83.44 and a 1 year high of $126.00.

Target (NYSE:TGT) last announced its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. The firm had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The firm’s revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm posted $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. As a group, analysts expect that Target will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Wednesday, February 11th were issued a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 3.8%. The ex-dividend date was Wednesday, February 11th. Target’s dividend payout ratio (DPR) is 55.34%.

Hedge Funds Weigh In On Target

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position 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 worth $5,690,262,000 after purchasing an additional 286,499 shares in the last quarter. State Street Corp grew its stake in Target by 0.3% during the fourth quarter. State Street Corp now owns 37,772,533 shares of the retailer’s stock worth $3,692,265,000 after buying an additional 124,468 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Target by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,065,926 shares of the retailer’s stock worth $1,668,194,000 after buying an additional 561,898 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Target by 2.4% in the fourth quarter. Franklin Resources Inc. now owns 6,194,448 shares of the retailer’s stock valued at $605,507,000 after acquiring an additional 142,937 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Target in the 4th quarter worth approximately $587,903,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target News Roundup

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

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.