Analysts Bump Up Price Targets on Target Corporation (TGT)

With an annual dividend yield of 3.53%, Target Corporation (NYSE:TGT)  is included among the 10 Best Fortune 500 Dividend Stocks to Invest in Right Now.

Analysts Bump Up Price Targets on Target Corporation (TGT)

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Target Corporation (NYSE:TGT) operates as a general merchandise retailer in the United States.

On April 21, Evercore ISI bumped up its price target on Target Corporation (NYSE:TGT) from $120 to $125, while keeping an ‘In Line’ rating on the shares. However, the raised target still reflects a downside of 3% from the current price levels.

Similarly, the analysts over at Guggenheim also turned more bullish on Target Corporation (NYSE:TGT) on April 20, raising their price target on the stock by $10 while reiterating its ‘Buy’ rating (read more details here).

Target Corporation (NYSE:TGT) expects an adjusted EPS in the range of $7.50 to $8.50 for FY 2026, indicating a YoY growth of 5% to 6%. The company is targeting to grow its net sales in a range of around 2% versus last year, and its operating margin is expected to be approximately 20 basis points higher than the 4.6% adjusted rate delivered in 2025.

Target Corporation (NYSE:TGT) also announced to spend $2 billion in incremental investment across the business this year, “including an additional $1 billion in CapEx to support new stores and remodels and another $1 billion to elevate the guest experience”. The company also revealed plans to open more than 30 new stores this year and over 300 new stores by 2035.

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