The Goldman Sachs Group Issues Positive Forecast for Target (NYSE:TGT) Stock Price

Target (NYSE:TGT) had its target price upped by analysts at The Goldman Sachs Group from $91.00 to $112.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the retailer’s stock. The Goldman Sachs Group’s price target would indicate a potential downside of 8.28% from the stock’s previous close.

Other analysts have also issued reports about the company. Mizuho boosted their price objective on Target from $88.00 to $100.00 and gave the company a “neutral” rating in a research note on Monday. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price target on shares of Target in a research report on Wednesday. Guggenheim raised their price objective on shares of Target from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. Wells Fargo & Company upped their target price on shares of Target from $115.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Finally, UBS Group increased their target price on shares of Target from $130.00 to $144.00 and gave the stock a “buy” rating in a research note on Wednesday. Eleven equities research 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.com, the stock has a consensus rating of “Hold” and a consensus target price of $114.79.

Target Stock Performance

Shares of NYSE TGT traded up $1.31 during midday trading on Wednesday, hitting $122.11. The company’s stock had a trading volume of 3,832,240 shares, compared to its average volume of 6,523,040. The firm has a market capitalization of $55.29 billion, a price-to-earnings ratio of 14.82 and a beta of 1.12. 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 fifty day moving average price of $108.64 and a 200 day moving average price of $97.91. Target has a one year low of $83.44 and a one year high of $126.00.

Target (NYSE:TGT) last released its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $30.52 billion. During the same period last year, the firm earned $2.41 EPS. Target’s revenue for the quarter was down 1.5% on a year-over-year basis. 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 forecast that Target will post 8.69 EPS for the current fiscal year.

Institutional Trading of Target

Institutional investors and hedge funds have recently made changes to their positions in the stock. WFA of San Diego LLC purchased a new position in Target in the second quarter worth $25,000. Jessup Wealth Management Inc purchased a new position in shares of Target in the 4th quarter worth about $25,000. Altshuler Shaham Ltd bought a new position in shares of Target during the 4th quarter valued at about $26,000. Global Wealth Strategies & Associates grew its position in Target by 192.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after acquiring an additional 192 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC bought a new position in shares of Target during the 3rd quarter valued at $27,000. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Key Stories Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Q4 results beat and constructive guidance — Target reported adjusted Q4 EPS above expectations and issued FY‑2026 EPS and revenue targets that were stronger than consensus, which gave investors confidence in margin improvement and a return to growth. Target Q4 earnings / guidance
• Positive Sentiment: Multi‑year growth plan and $2B 2026 investment — Management unveiled a bold strategic plan that includes roughly $2 billion of incremental 2026 investment, refreshed store formats, a goal to expand ~300 stores over time and stronger category focus — a clear catalyst for revenue and comp recovery. Zacks: Multi‑year growth strategy
• Positive Sentiment: AI and digital focus to drive sales personalization — Management emphasized using AI to improve personalization, same‑day delivery and digital conversion, which investors view as a high‑leverage, low‑capex way to lift comps and margin. PYMNTS: AI for personalization
• Positive Sentiment: Several bullish analyst moves — Oppenheimer raised its PT to $140 (outperform), Telsey upgraded to outperform with a $145 PT, and Guggenheim moved to buy with a $130 PT — these upgrades reinforce the buy case and helped lift sentiment. Oppenheimer / TickerReport
• Neutral Sentiment: Piper Sandler raised its PT to $119 but kept a neutral rating — a modest signal that some analysts remain cautious on near‑term upside despite the plan. StreetInsider: Piper Sandler
• Negative Sentiment: Barclays raised its price target but kept an underweight rating — the bank’s continued cautious stance (PT to $108) highlights lingering skepticism about durable sales recovery and provides a counterweight to bullish calls. Benzinga: Barclays note
• Negative Sentiment: Bearish commentary remains — some outlets argue Target’s long‑term return profile is still disappointing despite the rally, reminding investors of execution risk and the multi‑year nature of the turnaround. 247WallSt: Critical view

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.