Based on ratings from 26 stock analysts, the Target Corp stock price is expected to increase by 19.58% in 12 months. This is calculated by using the average 12-month stock price forecast for Target Corp. The lowest target is $119 and the highest is $210. Please note analyst price targets are not guaranteed and could be missed completely.
About 26 Wall Street analysts have assigned TGT 4 buy ratings, 18 hold ratings, and 4 sell ratings. This means that analysts expect Target Corp to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on TGT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of TGT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Dean Rosenblum Bernstein | Market Perform | $168 | Initiates | Oct 22, 2024 |
Greg Melich Evercore ISI Group | In-Line | $165 | Maintains | Oct 22, 2024 |
Karen Short Melius Research | Buy | $180 | Initiates | Sep 23, 2024 |
Joseph Feldman Telsey Advisory Group | Outperform | $195 | Maintains | Sep 19, 2024 |
Christopher Horvers JP Morgan | Neutral | $167 | Maintains | Aug 29, 2024 |
Steven Shemesh RBC Capital | Outperform | $177 | Maintains | Aug 22, 2024 |
Mark Astrachan Stifel | Hold | $165 | Maintains | Aug 22, 2024 |
Michael Lasser UBS | Buy | $200 | Maintains | Aug 22, 2024 |
Oliver Chen TD Cowen | Hold | $180 | Maintains | Aug 22, 2024 |
Corey Tarlowe Jefferies | Buy | $195 | Maintains | Aug 22, 2024 |
Bill Kirk Roth MKM | Neutral | $157 | Maintains | Aug 22, 2024 |
Paul Lejuez Citigroup | Buy | $188 | Maintains | Aug 22, 2024 |
Scot Ciccarelli Truist Securities | Hold | $162 | Maintains | Aug 22, 2024 |
Robert Ohmes B of A Securities | Buy | $195 | Maintains | Aug 22, 2024 |
Greg Melich Evercore ISI Group | In-Line | $160 | Maintains | Aug 22, 2024 |
George Kelly Wells Fargo | Overweight | $180 | Maintains | Aug 22, 2024 |
Joseph Feldman Telsey Advisory Group | Outperform | $190 | Maintains | Aug 21, 2024 |
Simeon Gutman Morgan Stanley | Overweight | $180 | Maintains | Aug 21, 2024 |
Joseph Feldman Telsey Advisory Group | Outperform | $190 | Maintains | Aug 16, 2024 |
Rupesh Parikh Oppenheimer | Outperform | $180 | Maintains | Aug 14, 2024 |
When did it IPO
1983
Staff Count
415,000
Country
United States
Sector/Industry
Consumer Defensive/Discount Stores
CEO
Mr. Brian C. Cornell
Market Cap
$69.10B
In 2023, TGT generated $109.12B in revenue, which was a increase of 2.94% from the previous year. This can be seen as a signal that TGT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
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Summary - Wall Street analysts' rating changes can influence stock prices, prompting investors to consider their recommendations for Buy, Sell, or Hold decisions.
Why It Matters - Wall Street analysts' ratings influence stock prices and investor sentiment, impacting market movements and trading strategies, which can lead to significant financial implications.
Summary - Target (TGT) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increased optimism regarding its earnings prospects.
Why It Matters - Target's upgrade to Zacks Rank #1 signals strong earnings potential, likely boosting investor confidence and potentially driving stock prices higher.
Summary - The Investment Committee is currently discussing their latest investment recommendations, referred to as the "Calls Of The Day."
Why It Matters - The Investment Committee's discussions on Calls Of The Day may signal shifts in market sentiment or investment strategies, influencing stock performance and investor decisions.
Summary - Target has demonstrated resilience through the pandemic and supply chain issues, consistently beating earnings estimates and effectively targeting the upper middle class customer segment.
Why It Matters - Target's resilience during crises and consistent earnings beats signal strong operational stability, appealing to investors seeking reliable growth in a challenging market.