Weekly Research Analysts’ Ratings Updates for Target (TGT)

In the latest round of updates, several analysts have revised their ratings and price targets for Target Corporation (NYSE: TGT). On May 18, 2026, Evercore Inc. set a new price target of $130.00 for Target, indicating a positive outlook for the stock. This follows a series of adjustments made by other financial institutions. For instance, Deutsche Bank reaffirmed its 'hold' rating on May 15, 2026, with a price target of $123.00, suggesting a cautious approach to the stock's performance. Similarly, Piper Sandler raised its price target from $119.00 to $121.00, maintaining a 'neutral' rating, while JPMorgan Chase & Co. increased its target from $120.00 to $129.00, also holding a 'neutral' stance. Moreover, Telsey Advisory Group has shown increased confidence by raising its price target from $145.00 to $148.00, now rating the stock as 'outperform'. Truist Financial Corporation and Wells Fargo & Company have also adjusted their targets upwards, with the former moving from $121.00 to $123.00 and the latter from $135.00 to $140.00. These changes reflect a general trend of analysts recognizing the potential for growth in Target's stock, despite some maintaining a more conservative outlook. In addition to these ratings updates, Target has announced a quarterly dividend of $1.14 per share, which will be paid on June 1, 2026. This dividend represents an annualized payout of $4.56, yielding approximately 3.7%. The ex-dividend date was set for May 13, 2026, and the company's dividend payout ratio stands at 56.09%, indicating a balanced approach to returning value to shareholders while retaining capital for growth. Furthermore, insider trading activity has been noted, with CAO Matthew A. Liegel selling 2,053 shares at an average price of $117.19, totaling around $240,591.07. This sale has reduced his holdings to 12,143 shares, valued at approximately $1.42 million. Such insider transactions can often provide insights into the company's internal sentiment regarding its stock performance. Overall, Target Corporation continues to navigate a complex retail environment, balancing growth initiatives with shareholder returns.