Oppenheimer Issues Positive Forecast for Target (NYSE:TGT) Stock Price

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

Several other equities research analysts have also recently issued reports on the stock. Citigroup lifted their target price on shares of Target from $89.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, February 12th. TD Cowen dropped their target price on Target from $105.00 to $90.00 and set a “hold” rating for the company in a research report on Thursday, November 20th. DA Davidson set a $120.00 target price on Target in a research note on Monday, January 12th. Telsey Advisory Group upgraded shares of Target from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $110.00 to $145.00 in a report on Wednesday. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Target in a research note on Wednesday. Eleven analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $111.21.

Target Trading Up 6.8%

Shares of NYSE:TGT opened at $120.84 on Wednesday. The firm has a market capitalization of $54.72 billion, a P/E ratio of 14.67 and a beta of 1.12. Target has a 1 year low of $83.44 and a 1 year high of $122.43. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.97 and a quick ratio of 0.27. The business’s 50-day moving average is $108.64 and its 200 day moving average is $97.91.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 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 the consensus estimate of $30.52 billion. During the same quarter in the previous year, the company posted $2.41 earnings per share. The company’s revenue 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. On average, research analysts predict that Target will post 8.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

More 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)

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.