Target downgraded by BofA Securities with a new price target
$TGT
Department/Specialty Retail Stores
Consumer Discretionary
BofA Securities downgraded Target from Buy to Neutral and set a new price target of $105.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2025 | $110.00 | Outperform → Market Perform | Telsey Advisory Group |
| 5/22/2025 | $105.00 | Buy → Neutral | BofA Securities |
| 5/16/2025 | $145.00 → $130.00 | Outperform | Telsey Advisory Group |
| 5/12/2025 | $82.00 | Mkt Perform → Underperform | Bernstein |
| 4/16/2025 | $101.00 | Buy → Neutral | Goldman |
| 4/11/2025 | $92.00 | Neutral | Mizuho |
| 4/7/2025 | $110.00 | Outperform → Neutral | Robert W. Baird |
| 3/5/2025 | $150.00 → $145.00 | Outperform | Telsey Advisory Group |
NEW YORK, May 21, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 21st Stocks are moving lower early Wednesday after the S&P 500 snapped a six-day winning streak. It's a small pull back after what has been a fast recovery from April's lows.Traders are monitoring Washington D.C. for updated on the budget bill and federal deficit. The bill would push through President Donald Trump's agenda of tax cuts and border security.Reporting earnings this mornin
MINNEAPOLIS, May 21, 2025 /PRNewswire/ -- First quarter Net Sales were $23.8 billion, compared with $24.5 billion in 2024.Digital comparable sales grew 4.7 percent reflecting more than 35 percent growth in same-day delivery powered by Target Circle 360TM and continued growth in Drive Up. Key seasonal moments such as Valentine's Day and Easter outperformed non-holiday periods throughout the quarter.The Company's limited-time partnership with kate spade was the strongest designer collaboration in the last decade.First quarter SG&A Expense and Operating Income included $593 million in pre-tax gains from the settlement of credit card interchange fee litigation. First quarter GAAP EPS was $2.27 c
MINNEAPOLIS, May 21, 2025 /PRNewswire/ -- Target Corporation (NYSE:TGT) announced today it has established a multi-year Enterprise Acceleration Office to drive even greater speed and agility across the company, positioning Target to deliver faster progress on its roadmap for growth. Michael Fiddelke, chief operating officer, will oversee this effort to improve how functions work together to advance key priorities, ranging from simplifying cross-company processes to using technology and data in new ways to power the team. "The Enterprise Acceleration Office represents a strategic commitment to operating more nimbly across the organization, creating conditions for speed, adaptability, innovati
8-K - TARGET CORP (0000027419) (Filer)
8-K - TARGET CORP (0000027419) (Filer)
SCHEDULE 13G/A - TARGET CORP (0000027419) (Subject)
SC 13G/A - TARGET CORP (0000027419) (Subject)
SC 13G/A - TARGET CORP (0000027419) (Subject)
SC 13G - TARGET CORP (0000027419) (Subject)
4 - TARGET CORP (0000027419) (Issuer)
4 - TARGET CORP (0000027419) (Issuer)
4 - TARGET CORP (0000027419) (Issuer)
Telsey Advisory Group downgraded Target from Outperform to Market Perform and set a new price target of $110.00
BofA Securities downgraded Target from Buy to Neutral and set a new price target of $105.00
Telsey Advisory Group reiterated coverage of Target with a rating of Outperform and set a new price target of $130.00 from $145.00 previously
A highly skilled leader with more than 25 years of financial, strategy and business experience at PepsiCo, Lee will oversee Target's finance function and join its leadership teamLee succeeds Michael Fiddelke, Target's chief operating officerMINNEAPOLIS, Sept. 19, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced that Jim Lee has been named chief financial officer and a member of its leadership team effective Sept. 22. In his new role, Lee will be responsible for financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and services and corporate development. He succeeds Michael Fiddelke, Tar
Members of the free-to-join Target Circle program can save early on back-to-school essentials including 30% off select backpacks and kids' school uniforms throughout Target Circle Week, the retailer's biggest sale of the seasonTarget Circle members can access deep savings of up to 50% off select toys, up to 40% off kitchen items and 30% off family apparel, bedding and bathConsumers can join the retailer's new paid subscription, Target Circle 360, for just $49 (reg. $99) if they sign up between July 7-13MINNEAPOLIS, June 25, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced that its biggest sale of the season, Target Circle Week, is returning July 7-13, featuring savings on s
MINNEAPOLIS, June 25, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced it has named Christina Hennington, currently chief growth officer, as chief strategy and growth officer, and Rick Gomez, currently chief food, essentials and beauty officer, as chief commercial officer, overseeing Target's merchandising business, both effective July 7. Lisa Roath, Target's chief marketing officer, will take on the role of chief merchandising officer of food, essentials and beauty in early 2025. The company is initiating an external search for its next chief marketing officer and, until a successor is named, Roath will remain in full capacity as chief marketing officer.
MINNEAPOLIS, May 21, 2025 /PRNewswire/ -- First quarter Net Sales were $23.8 billion, compared with $24.5 billion in 2024.Digital comparable sales grew 4.7 percent reflecting more than 35 percent growth in same-day delivery powered by Target Circle 360TM and continued growth in Drive Up. Key seasonal moments such as Valentine's Day and Easter outperformed non-holiday periods throughout the quarter.The Company's limited-time partnership with kate spade was the strongest designer collaboration in the last decade.First quarter SG&A Expense and Operating Income included $593 million in pre-tax gains from the settlement of credit card interchange fee litigation. First quarter GAAP EPS was $2.27 c
MINNEAPOLIS, May 20, 2025 /PRNewswire/ -- WHAT: Target Corporation's (NYSE:TGT) webcast of its first quarter earnings conference call. WHEN: Wednesday, May 21, 2025 - 7:00 a.m. central time HOW: Investors and the media are invited to listen to the call through the company's website at Corporate.Target.com/Investors (click on the link under "Events & Presentations") WHO: Minneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be
MINNEAPOLIS, March 12, 2025 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.12 per common share. The dividend is payable June 1, 2025 to shareholders of record at the close of business May 14, 2025. The 2nd quarter dividend will be the company's 231st consecutive dividend paid since October 1967 when the company became publicly held. About TargetMinneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week.