TARGET to remove synthetic colors from entire cereal selection by May

Go back to TARGET to remove synthetic colors from entire cereal selection by May

RBC Capital on Target (TGT): 'We expect sentiment to tilt positive as new mgmt looks to instill change'

March 3, 2026 7:24 AM EST

RBC Capital analyst Steven Shemesh reiterated an Outperform rating and $99.00 price target on Target (NYSE: TGT).

The analyst comments "Bottom line: Results and guidance played out largely as previewed with continued top-line pressure and improved expense management leading to an EPS beat.... More

Target preview: Analysts see optimisation focus and cautious guidance

March 2, 2026 4:00 PM EST

Target (NYSE: TGT)reports earnings on March 3, as well as its Investor Day, with analysts expecting management to emphasise optimisation rather than a sweeping overhaul as it tries to stabilise sales, rebuild traffic, and address market-share losses.

Barclays analyst Seth Sigman said in a note to clients that he expects the retailer to focus on optimisation, not an overhaul, arguing that Target aims to reinvigorate its product and store experience while leveraging existing assets... More