Target (NYSE:TGT) Stock Price Expected to Rise, Evercore ISI Analyst Says

Target (NYSE:TGT) had its price target boosted by analysts at Evercore ISI from $95.00 to $100.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “in-line” rating on the retailer’s stock. Evercore ISI’s price objective indicates a potential downside of 12.37% from the company’s current price.

Other analysts also recently issued reports about the company. Mizuho reduced their price objective on Target from $94.00 to $88.00 and set a “neutral” rating on the stock in a research note on Thursday, November 20th. Jefferies Financial Group reissued a “buy” rating and set a $115.00 target price on shares of Target in a research note on Thursday, December 18th. Telsey Advisory Group restated a “market perform” rating and issued a $110.00 price target on shares of Target in a research note on Friday, November 14th. Citigroup decreased their price target on shares of Target from $100.00 to $89.00 and set a “neutral” rating on the stock in a report on Thursday, November 20th. Finally, Roth Mkm set a $88.00 price objective on shares of Target in a research note on Thursday, November 20th. Ten equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $103.21.

Target Stock Performance

NYSE TGT opened at $114.11 on Tuesday. The firm’s 50 day simple moving average is $100.79 and its 200 day simple moving average is $96.51. The firm has a market capitalization of $51.67 billion, a price-to-earnings ratio of 13.85, a P/E/G ratio of 11.41 and a beta of 1.14. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99. Target has a 1 year low of $83.44 and a 1 year high of $137.05.

Target (NYSE:TGT) last announced its quarterly earnings data on Wednesday, November 19th. The retailer reported $1.78 EPS for the quarter, beating the consensus estimate of $1.71 by $0.07. The business had revenue of $25.27 billion during the quarter, compared to the consensus estimate of $25.44 billion. Target had a net margin of 3.58% and a return on equity of 22.74%. The company’s revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.85 earnings per share. Target has set its FY 2025 guidance at 7.000-8.000 EPS. As a group, research analysts expect that Target will post 8.69 earnings per share for the current fiscal year.

Institutional Trading of Target

Institutional investors have recently modified their holdings of the business. Moneco Advisors LLC bought a new stake in shares of Target in the 4th quarter valued at about $219,000. Strategic Family Wealth Counselors L.L.C. raised its position in shares of Target by 79.9% during the fourth quarter. Strategic Family Wealth Counselors L.L.C. now owns 4,937 shares of the retailer’s stock worth $483,000 after acquiring an additional 2,192 shares during the last quarter. Biltmore Family Office LLC acquired a new position in shares of Target in the fourth quarter worth approximately $205,000. Independent Advisor Alliance boosted its holdings in Target by 25.2% in the fourth quarter. Independent Advisor Alliance now owns 46,338 shares of the retailer’s stock valued at $4,530,000 after acquiring an additional 9,340 shares during the last quarter. Finally, Legacy Financial Advisors Inc. boosted its holdings in Target by 26.6% in the fourth quarter. Legacy Financial Advisors Inc. now owns 4,894 shares of the retailer’s stock valued at $478,000 after acquiring an additional 1,027 shares during 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: New CEO Michael Fiddelke told employees that technology, merchandise and in-store experience are top priorities — investors often reward clear operational plans from an insider CEO who can drive execution. Target’s New CEO Says Technology Is a Top Priority
• Positive Sentiment: Large investors are adding shares — AlphaQuest disclosed a new position, signaling institutional confidence or at least interest in the risk/reward. AlphaQuest LLC Takes Position in Target Corporation $TGT
• Positive Sentiment: Analyst/ratings momentum: Wolfe upgraded Target to Peer Perform, improving the stock’s perceived risk/reward and supporting the rally. Target (TGT) Upgraded as Risk-Reward Improves Despite Lower Earnings Outlook
• Positive Sentiment: Dividend and valuation narrative remains supportive — coverage highlights Target’s high dividend yield and low forward P/E, which can attract income-focused buyers. 3 Consumer Dividend Stocks to Buy for High-Yield Dividend Growth
• Neutral Sentiment: Corporate goodwill/ESG: Target marked a 10th year of 1M volunteer hours and committed $1M to community programs — positive for brand but a longer-term, non-financial catalyst. Target Celebrates 10th Year of 1 Million Volunteer Hours…
• Neutral Sentiment: Attention and short-term flow: Several headlines note Target as a trending stock and intraday gains, which can amplify moves but don’t change fundamentals. Here is What to Know Beyond Why Target Corporation (TGT) is a Trending Stock
• Negative Sentiment: Management acknowledged the company “lost trust” with shoppers and staff — candid admissions can pressure sentiment if investors worry about execution risk and brand recovery time. Target’s new CEO admits retailer has lost trust with shoppers, staff: report
• Negative Sentiment: Some analyst context is bearish: Evercore’s moved its price target to $100 with an “in-line” rating — that target sits below current trading levels and may cap upside if more analysts cut forecasts. Evercore raises price target to $100 (Benzinga)

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.