Target (NYSE:TGT) Stock Price Expected to Rise, Piper Sandler Analyst Says

Target (NYSE:TGT) had its price objective lifted by equities research analysts at Piper Sandler from $102.00 to $119.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the retailer’s stock. Piper Sandler’s price target would suggest a potential downside of 1.52% from the stock’s current price.

A number of other analysts also recently issued reports on TGT. Evercore set a $105.00 target price on Target in a research report on Tuesday, February 17th. Argus decreased their price target on shares of Target from $135.00 to $125.00 and set a “buy” rating on the stock in a report on Monday, December 1st. Royal Bank Of Canada lowered their target price on shares of Target from $107.00 to $99.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Mizuho lifted their price target on Target from $88.00 to $100.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, Bank of America began coverage on shares of Target in a research note on Friday, February 27th. They issued an “underperform” rating and a $103.00 price objective for the company. Eleven research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $111.55.

Target Trading Up 6.8%

NYSE:TGT opened at $120.84 on Wednesday. The firm has a fifty day simple moving average of $108.64 and a two-hundred day simple moving average of $97.91. Target has a 12 month low of $83.44 and a 12 month high of $122.43. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $54.72 billion, a price-to-earnings ratio of 14.67 and a beta of 1.12.

Target (NYSE:TGT) last issued its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. The firm had revenue of $30.45 billion during the quarter, compared to analysts’ expectations of $30.52 billion. Target had a net margin of 3.58% and a return on equity of 22.74%. The business’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the company 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 expect that Target will post 8.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Target

A number of institutional investors and hedge funds have recently made changes to their positions in TGT. Brighton Jones LLC raised its holdings in Target by 101.3% in the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after buying an additional 3,059 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Target by 39.9% in the first quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after acquiring an additional 11,047 shares during the period. Assetmark Inc. lifted its stake in shares of Target by 41.7% in the 2nd quarter. Assetmark Inc. now owns 8,312 shares of the retailer’s stock worth $820,000 after purchasing an additional 2,448 shares during the period. Sigma Planning Corp increased its stake in shares of Target by 24.9% in the 2nd quarter. Sigma Planning Corp now owns 7,916 shares of the retailer’s stock worth $781,000 after purchasing an additional 1,579 shares in the last quarter. Finally, Crestwood Advisors Group LLC lifted its position in shares of Target by 4.6% during the 2nd quarter. Crestwood Advisors Group LLC now owns 12,478 shares of the retailer’s stock valued at $1,231,000 after buying an additional 546 shares in the last quarter. Institutional investors own 79.73% of the company’s stock.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Q4 adjusted EPS beat estimates ($2.44 vs. ~$2.16 consensus) and margins improved, giving investors confidence in profitability despite softer sales. Target climbs after earnings beating forecasts despite softer sales
• Positive Sentiment: Management issued FY2026 EPS guidance that exceeded consensus (7.50–8.50 vs. ~7.33), signaling confidence in the year ahead and supporting upside expectations. Target Beats Q4 Earnings Estimates, Eyes Sales Growth in FY2026
• Positive Sentiment: Company unveiled a multi-year strategic plan and will invest an incremental $2B in 2026 (capex + operating investments) to refresh stores, upgrade payroll/training and accelerate tech — including AI — to drive personalization and sales. Target Outlines Strategic Plan for a New Chapter of Growth in 2026 and Beyond
• Positive Sentiment: Market reaction was amplified by investor coverage of Target’s push into AI-driven personalization and same-day fulfillment as a near-term sales catalyst. Target Corp. (TGT) Jumps 6.7% as Firm Turns to AI For Growth
• Neutral Sentiment: Net sales were essentially flat to slightly down (Q4 net sales ~$30.5B), with strength in Food & Beverage, Beauty and Toys offset by weaker comps overall — mixed operational readthrough. Target Corporation Reports Fourth Quarter and Full-Year 2025 Earnings
• Negative Sentiment: Q1 FY2026 EPS guide was well below the street (around $1.30 vs. ~$1.89 consensus), highlighting near-term sales pressure and tempering the earnings beat. Target Corporation (TGT) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Some analysts remain cautious: a recent Mizuho note raised its price target but kept a neutral rating, underscoring that upside depends on execution of the turnaround plan. Analyst note (Mizuho) / coverage

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.