Bernstein SocGen Group Reiterates Underperform Rating on Target (TGT), PT $82

BofA Securities Downgrades Target (TGT) to Neutral, 'Sales and margin recovery remains a moving TGT'

(Updated - May 21, 2025 4:42 PM EDT)

BofA Securities analyst Robert Ohmes downgraded Target (NYSE: TGT) from Buy to Neutral with a price target of $105.00 (from $145.00).

The analyst comments "We downgrade TGT to Neutral (from Buy) and lower our PO to $105... More

Telsey Downgrades Target (TGT) to Market Perform, 'Not Hitting the Target in 1Q25 and 2025'

Telsey analyst Joseph Feldman downgraded Target (NYSE: TGT) from Outperform to Market Perform with a price target of $110.00 (from $130.00).

The analyst comments "Downgrading TGT to Market Perform from Outperform: We are downgrading shares of TGT to Market Perform to reflect the continued challenging macro environment,... More

Target (TGT) PT Lowered to $105 at TD Cowen: 'Near-Term Trends Likely Continue into 2Q', 'FY25 Op Margin Lacks Gross Margin Catalysts'

TD Cowen analyst Oliver Chen lowered the price target on Target (NYSE: TGT) to $105.00 (from $110.00) while maintaining a Hold rating.

The analyst comments "Near-Term Trends Likely Continue into 2Q. TGT cited five months of declining consumer confidence, tariff uncertainty, and boycott reaction to the company's DEI changes announced in January as key downside drivers in 1Q's (3.8%) comp with... More

BNP Paribas Negative on Target (TGT), 'Losing stride, unclear how they turn the tide'

BNP Paribas Negative on Target (NYSE: TGT)

Evercore ISI on In Line rated Target (TGT): 'EBIT margin at 3.7% compared to 5.3% last year. The Street expected 4.6% margin'

Evercore ISI analyst Greg Melich reiterated an In Line rating and $100.00 price target on Target (NYSE: TGT).

The analyst comments "1Q25 Commentary: With comps of -3.8% below EVR/Street -2%, and gross margin down 70bps YoY the 1Q miss was driven by softer topline and lower gross margin. Revenue dollars at $23.8bn down 2.8% YoY missed the Streets outlook of $24.22bn (-1.2% YoY) missed the Street by... More

Citi Reiterates Neutral Rating on Target (TGT)

Citi analyst Paul Lejuez reiterated a Neutral rating and $97.00 price target on Target (NYSE: TGT)

The analyst comments "1Q sales and EPS were well below consensus, though mkt expectations were low. While 1Q comps of -3.8% were below consensus of -1.9%, we... More

Target misses Q1 earnings estimates, cuts full-year outlook

Investing.com -- Target reported first-quarter earnings on Wednesday that fell short of analyst expectations and lowered its full-year guidance, sending shares down 1.5% in premarket trading.

The retail giant posted adjusted earnings per share of $1.30 for the quarter ended April 29, missing the analyst consensus of $1.65. Revenue came in at... More

JPMorgan Reiterates Neutral Rating on Target (TGT)

JPMorgan analyst Christopher Horvers reiterated a Neutral rating and $105.00 price target on Target (NYSE: TGT).

The analyst comments "Our take: 1Q comp and EPS fall into the bears range; FY guide cut matches expectations on the lower end of the range; inventory/markdown... More

Target cuts annual forecasts as tariff pressure mounts, demand slows further

By Siddharth Cavale, Ananya Mariam Rajesh

(Reuters) -Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.S. President Donald Trump's trade war. 

Target also said its first-quarter performance was affected by negative reactions to its pullback on diversity, equity and inclusion policies (DEI) in January, which angered some loyal customers who have long praised the company's commitment to inclusiveness.

Shares of the company fell 4% in afternoon trading,... More

Target (TGT) Misses Q1 EPS by 35c; cuts guidance

Target (NYSE: TGT) reported Q1 EPS of $1.30, $0.35 worse than the analyst estimate of $1.65. Revenue for the quarter came in at $23.85 billion versus the consensus estimate of $24.35 billion.

GUIDANCE:

Target sees FY2026 EPS of $7.00-$9.00, versus the consensus of $8.59.

For earnings history and earnings-related data on Target (TGT) click here.

Target Q1 earnings preview: BofA, Citi weigh in ahead of pivotal results

Investing.com-- Target Corp. is scheduled to report its first-quarter earnings on Wednesday, May 21, with analysts divided over whether the retailer can overcome sluggish consumer spending and mounting tariff pressures.

Analysts at Bank of America and Citi said in separate notes that they are closely watching foot traffic data, discretionary spending patterns, and the impact of... More

Target (TGT) call put ratio 1 call to 1.2 puts into quarter results

Target (NYSE: TGT) May 23 weekly call option implied volatility is at 136, June is at 54; compared to its 52-week range of 19 to 65 into the expected release of quarter results before the bell on May 21.

Target (TGT) call put ratio 1 call to 1.7 puts into quarter results

Target (NYSE: TGT) May 23 weekly 99 straddle priced for movement of 10.50% into the expected release of quarter results before the bell on May 21.

Target (TGT) Circle 360 Members Can Now Get Same-day Delivery from 100-plus Retailers with No Markups

Target Corporation (NYSE: TGT) today announced that it is delivering even more value for members of its Target Circle 360 program by removing same-day delivery price markups from over 100 beloved retailers and grocers beyond Target*. While same-day delivery from... More

Target (TGT) PT Lowered to $102 at Barclays

Barclays analyst Seth Sigman lowered the price target on Target (NYSE: TGT) to $102.00 (from $140.00) while maintaining a Equalweight rating.

The analyst comments "Key message: We are bracing for a weak Q1, which feels very much expected by now. We lower our estimates accordingly.... More