13 Undervalued Dividend Aristocrats to Buy Now

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7. Target Corporation (NYSE:TGT

Forward P/E Ratio as of March 9: 15.11

Next on our list of the Undervalued Dividend Aristocrats is Target Corporation (NYSE:TGT). The company operates as a general merchandise retailer in the United States.

Target Corporation (NYSE:TGT) received a lift on March 10 when DA Davidson raised its price target on the stock from $120 to $140, while maintaining a ‘Buy’ rating on the shares. The revised target, which indicates an upside of over 17% from the current levels, comes as the analyst firm upped its FY26 and FY27 EPS estimates based on Target’s Q4 results and 2026 outlook.

Target Corporation (NYSE:TGT) beat earnings estimates in its Q4 2025 results posted on March 3, but the company’s revenue and customer traffic at its stores continued to decline. However, the firm is in the middle of a turnaround effort and expects its net sales to surge by about 2% YoY in FY 2026, with the aim of growing the metric in every quarter of the year. Target is targeting its full-year adjusted earnings to be in the range of $7.50 to $8.50 per share, compared to $7.57 per share in FY 2025.

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