Target
TGT

$149

2.01%

Market Cap: 68.9B

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

Consumer Staples Variety Stores

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 49 analysts

0

News positive %

of 37 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

See Fund Rankings

Research analyst outlook

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

Low target

$116

22%

downside

Avg. target

$179

20%

upside

High target

$210

41%

upside

49 analyst ratings

30 positive

61%

18 neutral

37%

1 negative

2%

Piper Sandler Peter Keith	5%upside $156	Neutral Assumed	10 Jul 2024
Evercore ISI Group Greg Melich	11%upside $166	In-Line Maintained	20 Jun 2024
Exane BNP Paribas Chris Bottiglieri	22%downside $116	Underperform Initiated	3 Jun 2024
Deutsche Bank Paul Trussell	28%upside $190	Buy Maintained	23 May 2024
Baird Peter Benedict	28%upside $190	Outperform Maintained	23 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 37 articles about TGT published over the past 30 days

Zacks Investment Research

Target (TGT) Down 11% in 3 Months: Solid Bargain or Risky Bet?

Target (TGT) is grappling with challenges across multiple fronts, ranging from softness in key product categories to competitive pressures.

Target (TGT) Down 11% in 3 Months: Solid Bargain or Risky Bet?

Target: Upgrading Ahead Of Earnings, Margins And Back-To-School In Focus

Retail sales saw a revival in June, particularly in eCommerce, suggesting that we could see a solid back-to-school season. I am upgrading shares of Target from a hold to a buy due to resilient consumer spending and a better technical situation. Analysts expect a 22% year-on-year EPS jump in the upcoming Q2 earnings report, a significant improvement from previous quarters.

Target: Upgrading Ahead Of Earnings, Margins And Back-To-School In Focus

7 Dividend Aristocrats Set to Dominate the Next Decade: July 2024

Dividend aristocrats are stocks with at least 25 years of consecutive annual dividend growth. These “regal” dividend stocks are often considered some of the highest-quality long-term stocks to buy and hold.

7 Dividend Aristocrats Set to Dominate the Next Decade: July 2024

Zacks Investment Research

Wall Street Analysts See Target (TGT) as a Buy: Should You Invest?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Analysts See Target (TGT) as a Buy: Should You Invest?

Zacks Investment Research

Is Trending Stock Target Corporation (TGT) a Buy Now?

Zacks.com users have recently been watching Target (TGT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Trending Stock Target Corporation (TGT) a Buy Now?

Stay On Target (Technical Analysis)

We share our analysis methodology of combining fundamentals and technicals for TGT. See the current Wave Setup feature with specific price levels in TGT stock. Sentiment, rather than fundamentals, drives important turning points in the markets and widely traded stocks such as Target Corp.

Stay On Target (Technical Analysis)

As the Dollar Stays Strong, These 3 Stocks Will Shine

Most investors are focused on the rallies in the technology sector today, particularly around companies dealing with artificial intelligence and the broader chips and semiconductor names like NVIDIA Co. NASDAQ: NVDA. However, recent selloffs in the space have triggered a so-called flight-to-safety in the market, leading investors into other asset classes like gold and currencies.

As the Dollar Stays Strong, These 3 Stocks Will Shine

Target Employees Hate Its New AI Chatbot

Last month, Target officially plunged into the AI bubble. Like many of its peers in the retail industry, the company went with something simple and accessible — a ChatGPT-esque bot.

Target Employees Hate Its New AI Chatbot

Zacks Investment Research

Target (TGT) Ascends But Remains Behind Market: Some Facts to Note

Target (TGT) closed at $151.02 in the latest trading session, marking a +0.86% move from the prior day.

Target (TGT) Ascends But Remains Behind Market: Some Facts to Note

The Motley Fool

10 Best Dividend Growth Stocks to Buy and Hold Forever

These blue-chip companies have demonstrated strong dividend growth rates ranging from 7.69% to 15.8% annually over the past five years. The list includes diverse sectors such as retail, healthcare, technology, and finance, offering potential for portfolio diversification.

10 Best Dividend Growth Stocks to Buy and Hold Forever

See News Rankings