Guggenheim analyst John Heinbockel raised the firm’s price target (TGT) on Target to $130 from $125 and keeps a Buy rating on the shares. The Q4 report and 2026 guidance is “more notable for what was absent than present-a near-term margin re-set with management committed to pursuing a quintessentially TGT-style turnaround revolving around product, marketing, and guest experiences,” the analyst tells investors.
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Read More on TGT:
- Target price target raised to $112 from $91 at Goldman Sachs
- Target price target raised to $135 from $130 at Wells Fargo
- Target price target raised to $106 from $103 at BofA
- Balanced View on Target: Traffic Reignition Potential vs. Execution Risks Keeps Rating at Hold
- Balanced Risk-Reward Amid Near-Term Improvement but Uncertain Post-2026 Growth Justifies Hold Rating on Target