Target (NYSE:TGT) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

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

TGT has been the subject of a number of other research reports. UBS Group reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Target in a report on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of Target in a report on Wednesday, January 21st. Truist Financial increased 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. Piper Sandler lifted their price objective on shares of Target from $85.00 to $102.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Wolfe Research upgraded shares of Target from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Ten investment analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $107.24.

Target Stock Down 1.1%

NYSE TGT traded down $1.22 during trading hours on Friday, reaching $113.57. 1,703,989 shares of the company traded hands, compared to its average volume of 6,250,305. 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 has a 12 month low of $83.44 and a 12 month high of $127.06. The company has a 50 day moving average of $107.43 and a two-hundred day moving average of $97.76. The stock has a market capitalization of $51.43 billion, a PE ratio of 13.80, a PEG ratio of 11.80 and a beta of 1.14.

Institutional Investors Weigh In On Target

Several large investors have recently modified their holdings of the stock. Jessup Wealth Management Inc acquired a new stake in Target in the 4th quarter worth approximately $25,000. WFA of San Diego LLC bought a new position in shares of Target in the second quarter valued at approximately $25,000. Altshuler Shaham Ltd acquired a new stake in shares of Target in the fourth quarter worth $26,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Target during the 3rd quarter worth $27,000. Finally, Global Wealth Strategies & Associates raised its holdings in Target by 192.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after acquiring an additional 192 shares during the period. 79.73% of the stock is owned by institutional investors.

Key Stories Impacting Target

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.