Guggenheim Lifts PT on Target Corporation (TGT) to $125 From $110 - Here's Why
Target Corporation (NYSE:TGT) is one of the best natural and organic food stocks to buy now. On February 17, Guggenheim lifted the price target on Target Corporation (NYSE:TGT) to $125 from $110 while maintaining a Buy rating on the shares. The firm raised the price target based on its above-consensus 2026 EPS forecast, stating that it, along with the Street, models a fiscal Q1 same-store sales inflection to 0%-1%, which is “not a Herculean task against a negative 7.5% two-year compare”.
In another development, Bernstein reiterated a Sell rating on Target Corporation (NYSE:TGT) on February 14, setting a price target of $80.00. Target Corporation (NYSE:TGT) also received a rating update from Citi on February 12, with the firm adjusting the price target on the stock to $110 from $89 while maintaining a Neutral rating on the shares.
The rating updates came after Target Corporation (NYSE:TGT) announced a series of executive leadership changes under the new CEO on February 10, stating that the changes are aimed at expediting the company’s growth plans following the recent additions to the Board of Directors. The same day, the company confirmed that it expects to report fiscal Q4 2025 sales, full-year GAAP EPS, and full-year adjusted EPS in line with its prior guidance.
Target Corporation (NYSE:TGT) offers a range of items to its customers, including natural and organic food options, everyday essentials, differentiated merchandise at discounted prices, and general merchandise. Its merchandise categories span food and beverages, home furnishing and decor, and others.
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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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