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Target price target raised to $125 from $110 at Guggenheim

Guggenheim raised the firm’s price target (TGT) on Target to $125 from $110 and keeps a Buy rating on the shares. The firm, and the Street, model a Q1 same-store sales inflection to 0%-1%, which is “not a Herculean ask against a negative 7.5% two-year compare,” says the analyst, whose raised price target is based on the firm’s above-consensus 2026 EPS forecast.

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