TGT stock icon

Target
TGT

$146.77
2.02%
 

About: Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Employees: 415,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 49 analysts
0
News positive %
of 73 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

78% more funds holding in top 10

Funds holding in top 10: 18 [Q4 2023] → 32 (+14) [Q1 2024]

52% more first-time investments, than exits

New positions opened: 253 | Existing positions closed: 166

23% more capital invested

Capital invested by funds: $52.2B [Q4 2023] → $64.2B (+$12B) [Q1 2024]

5% more funds holding

Funds holding: 1,912 [Q4 2023] → 1,999 (+87) [Q1 2024]

5% less repeat investments, than reductions

Existing positions increased: 734 | Existing positions reduced: 772

1.25% less ownership

Funds ownership: 79.79% [Q4 2023] → 78.54% (-1.25%) [Q1 2024]

13% less call options, than puts

Call options by funds: $3.09B | Put options by funds: $3.55B

Research analyst outlook

49 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$116
21%
downside
Avg. target
$178
22%
upside
High target
$210
43%
upside

49 analyst ratings

31 positive
63%
17 neutral
35%
negative
2%
Evercore ISI Group
Greg Melich
13%upside
$166
In-Line
Maintained
20 Jun 2024
Exane BNP Paribas
Chris Bottiglieri
21%downside
$116
Underperform
Initiated
3 Jun 2024
Deutsche Bank
Paul Trussell
29%upside
$190
Buy
Maintained
23 May 2024
Baird
Peter Benedict
29%upside
$190
Outperform
Maintained
23 May 2024
RBC Capital
Steven Shemesh
23%upside
$181
Outperform
Maintained
23 May 2024

Financial journalist opinion

Based on 73 articles about TGT published over the past 30 days