Target (NYSE:TGT) Price Target Raised to $150.00

Posted by Brenda Bartman on Jul 23rd, 2026

Target (NYSE:TGT – Free Report) had its price target upped by Guggenheim from $145.00 to $150.00 in a research report report published on Monday, Marketbeat.com reports. They currently have a buy rating on the retailer’s stock.

A number of other brokerages have also issued reports on TGT. Jefferies Financial Group increased their price objective on shares of Target from $140.00 to $161.00 and gave the company a “buy” rating in a report on Friday, June 26th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Target in a research note on Thursday, June 11th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Target in a research note on Monday, June 15th. Telsey Advisory Group increased their price objective on shares of Target from $148.00 to $150.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, Truist Financial raised their price objective on Target from $123.00 to $130.00 and gave the company a “hold” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $132.15.

View Our Latest Analysis on Target

Target Price Performance

NYSE:TGT opened at $138.01 on Monday. The business’s 50-day simple moving average is $130.43 and its two-hundred day simple moving average is $121.45. Target has a 52 week low of $83.44 and a 52 week high of $144.40. The stock has a market cap of $62.68 billion, a PE ratio of 18.23, a P/E/G ratio of 2.70 and a beta of 0.98. The company has a quick ratio of 0.30, a current ratio of 0.93 and a debt-to-equity ratio of 0.87.

Target (NYSE:TGT – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The retailer reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.24. The firm had revenue of $25.44 billion during the quarter, compared to analyst estimates of $24.66 billion. Target had a return on equity of 22.92% and a net margin of 3.24%.The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.30 earnings per share. Target has set its FY 2026 guidance at 7.500-8.500 EPS. As a group, analysts forecast that Target will post 8.35 EPS for the current fiscal year.

Target Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be paid a dividend of $1.16 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This is a positive change from Target’s previous quarterly dividend of $1.14. This represents a $4.64 dividend on an annualized basis and a yield of 3.4%. Target’s payout ratio is currently 60.24%.

Insider Buying and Selling

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the completion of the transaction, the insider owned 45,930 shares in the company, valued at $5,782,127.70. This trade represents a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is owned by company insiders.

Institutional Trading of Target

Several hedge funds have recently made changes to their positions in TGT. Norges Bank bought a new stake in Target during the fourth quarter worth approximately $587,903,000. TOMS Capital Investment Management LP purchased a new stake in Target during the fourth quarter valued at approximately $257,571,000. AQR Capital Management LLC lifted its stake in shares of Target by 243.8% in the 4th quarter. AQR Capital Management LLC now owns 2,870,210 shares of the retailer’s stock valued at $280,563,000 after purchasing an additional 2,035,298 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Target by 6,639.1% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,912,963 shares of the retailer’s stock valued at $186,992,000 after purchasing an additional 1,884,577 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in shares of Target by 104.7% in the 4th quarter. Marshall Wace LLP now owns 65,505 shares of the retailer’s stock worth $6,403,000 after purchasing an additional 1,448,146 shares during the period. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

About Target

(Get Free Report)

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.