Goldman Sachs analyst Kate McShane raised the firm’s price target (TGT) on Target to $112 from $91 and keeps a Neutral rating on the shares. Target rose 6.7% after a Q4 earnings beat and stronger-than-expected FY26 guidance, despite still-negative top-line trends, as comps improved sequentially and turned positive in February, the analyst tells investors in a research note. Shares appear to reflect optimism on comps amid ongoing competitive and margin pressures into FY27, the firm says.
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