Is Target Corporation (TGT) One of Billionaire Ken Fisher’s 10 Consumer Stock Picks with the Highest Upside Potential?

Fisher Asset Management holds $1,896,414 worth of Target Corporation (NYSE:TGT) shares, helping it secure a place on our list of billionaire Ken Fisher’s 10 consumer stock picks with the highest upside potential.

Is Target Corporation (TGT) One of Billionaire Ken Fisher’s 10 Consumer Stock Picks with the Highest Upside Potential?

Photo by Ian Deng Quddu on Unsplash

On October 2, 2025, Truist Securities reduced its price target on Target Corporation (NYSE:TGT) to $83 from $102, keeping a “Hold” rating.

The investment firm’s reduced target on Target Corporation (NYSE:TGT) reflects continued operational missteps that have hampered the company’s brand image and consumer engagement. Furthermore, issues in merchandising and marketing have negatively impacted store traffic and competitive positioning, Truist Securities noted.

Looking ahead, the investment firm believes that addressing these challenges will demand significant investment. It notes that a 1% price adjustment and higher SG&A spending could result in a $1.5 billion decline in operating income, or about 150 basis points of margin. While Target Corporation (NYSE:TGT)’s short-term earnings may be negatively impacted by these actions, the firm believes that comparable sales momentum could be revived in the longer term.

Target Corporation (NYSE:TGT), a U.S. general merchandise retailer, offers apparel, accessories, beauty products, food, and home essentials. It is included in Ken Fisher’s Stock Portfolio.

While we acknowledge the potential of TGT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TGT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.