Weekly Research Analysts’ Ratings Updates for Target (TGT)
by Jessica Moore · The Cerbat GemSeveral analysts have recently updated their ratings and price targets for Target (NYSE: TGT):
- 5/18/2026 – Target was given a new $130.00 price target by Evercore Inc.
- 5/15/2026 – Target had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $123.00 price target on the stock.
- 5/15/2026 – Target had its price target raised by Piper Sandler from $119.00 to $121.00. They now have a “neutral” rating on the stock.
- 5/15/2026 – Target had its price target raised by JPMorgan Chase & Co. from $120.00 to $129.00. They now have a “neutral” rating on the stock.
- 5/15/2026 – Target had its price target raised by Telsey Advisory Group from $145.00 to $148.00. They now have an “outperform” rating on the stock.
- 5/13/2026 – Target had its price target raised by Truist Financial Corporation from $121.00 to $123.00. They now have a “hold” rating on the stock.
- 5/12/2026 – Target had its price target raised by Wells Fargo & Company from $135.00 to $140.00. They now have an “overweight” rating on the stock.
- 5/12/2026 – Target had its price target raised by Barclays PLC from $108.00 to $115.00. They now have an “underweight” rating on the stock.
- 5/8/2026 – Target had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $132.00 price target on the stock.
- 5/6/2026 – Target had its price target raised by Citigroup Inc. from $117.00 to $133.00. They now have a “neutral” rating on the stock.
- 5/4/2026 – Target had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 4/21/2026 – Target was given a new $125.00 price target by Evercore Inc.
- 4/20/2026 – Target had its price target raised by Guggenheim from $130.00 to $140.00. They now have a “buy” rating on the stock.
Target Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio is 56.09%.
Insider Buying and Selling at Target
In other news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total transaction of $240,591.07. Following the completion of the sale, the chief accounting officer owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.16% of the company’s stock.
Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.
Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.