Edgewater Research Downgrades Target (TGT) to Neutral

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Mizuho on Target (TGT): 'Beauty Begins the Re-Positioning'

August 14, 2025 10:11 AM EDT

Mizuho analyst David Belinger reiterated a Neutral rating and $88.00 price target on Target (NYSE: TGT).

The analyst comments "Target (TGT) and Ulta (ULTA) are officially winding down their multi-year shop-in-shop relationship. This includes co-located selling space at 600+ Target stores, which are... More