<div id="readability-page-1"><p><span>Target (NYSE:TGT - Get Free Report)</span> was upgraded by StockNews.com from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report issued on Wednesday.</p><ul><li>Target Drops to COVID Lows: Buy the Dip or Cut Losses?</li></ul><p>Other analysts have also recently issued research reports about the company. Roth Capital  set a $122.00 price objective on Target in a research note on Wednesday, March 5th. Jefferies Financial Group reduced their price objective on Target from $165.00 to $150.00 and set a &#34;buy&#34; rating on the stock in a research note on Tuesday, March 4th. KGI Securities  set a $132.00 price objective on shares of Target in a report on Wednesday, March 5th. Truist Financial dropped their target price on shares of Target from $134.00 to $124.00 and set a &#34;hold&#34; rating on the stock in a report on Wednesday, March 5th. Finally, Piper Sandler decreased their price target on shares of Target from $132.00 to $124.00 and set a &#34;neutral&#34; rating for the company in a report on Wednesday, March 5th. One equities research analyst  has rated the stock with a sell rating, seventeen have issued  a hold rating and fourteen have assigned  a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of &#34;Hold&#34; and a consensus price target of $142.90.</p><p><b>Get Our Latest Analysis on Target</b></p><h2>Target Trading Up 1.4 %</h2><ul><li>Healthy Energy Drinks? Celsius Holdings Building Out the Space</li></ul><p>TGT stock traded up $1.41 during midday trading on Wednesday, reaching $105.84. 5,559,616 shares of the company's stock traded hands, compared to its average volume of 5,224,457. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.94 and a quick ratio of 0.25. Target has a fifty-two week low of $99.25 and a fifty-two week high of $177.23. The business has a 50-day moving average price of $121.12 and a two-hundred day moving average price of $135.54. The company has a market capitalization of $48.22 billion, a P/E ratio of 11.22, a PEG ratio of 1.94 and a beta of 1.18. </p><p>Target (NYSE:TGT - Get Free Report) last issued its quarterly earnings data on Tuesday, March 4th. The retailer reported $2.41 earnings per share for the quarter, beating analysts' consensus estimates of $2.24 by $0.17. The firm had revenue of $30.92 billion during the quarter, compared to analyst estimates of $30.83 billion. Target had a return on equity of 31.11% and a net margin of 4.06%.  Equities research analysts forecast that  Target will post 8.69 EPS for the current fiscal year. </p><h2>Institutional Trading of Target</h2><ul><li>Why Williams-Sonoma Will Hit Fresh Highs in 2025</li></ul><p>A number of large investors have recently added to or reduced their stakes in TGT. Legacy Investment Solutions LLC acquired a new stake in shares of  Target during the 3rd quarter valued at $28,000.  Hopwood Financial Services Inc. purchased a new stake in shares of  Target during the fourth quarter valued at $29,000.  Bernard Wealth Management Corp. purchased a new stake in shares of  Target during the fourth quarter valued at $29,000.  MCF Advisors LLC increased its stake in  Target by 175.3% in the 4th quarter. MCF Advisors LLC now owns 256 shares of the retailer's stock worth $35,000 after purchasing an additional 163 shares in the last quarter.  Finally, Raleigh Capital Management Inc. raised its holdings in  Target by 110.7% during the 4th quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer's stock worth $35,000 after buying an additional 135 shares during the period. 79.73% of the stock is currently owned by institutional investors. </p><h2>Target Company Profile</h2> (Get Free Report)<p>Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Target</li><li>Find and Profitably Trade Stocks at 52-Week Lows</li><li>Homebuilders in Freefall: Bargain Opportunity or Falling Knife?</li><li>How to invest in marijuana stocks in 7 steps </li><li>The 3 Most Talked About Investments on WallStreetBets Right Now</li><li>Mastering Discipline: Overcoming Emotional Challenges In Trading</li><li>Analyst Targets Signal More Growth in CrowdStrike Stock</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRHVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRHVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Target Right Now?</h2><p>Before you consider Target, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Target wasn't on the list.</p><p>While Target currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>StockNews.com upgraded Target (NYSE:TGT) from a "hold" to a "buy" rating. Other analysts have set various price targets, with Roth Capital at $122, Jefferies at $150, and KGI Securities at $132. Target's stock rose 1.4% to $105.84, with a market cap of $48.22 billion. The company reported $2.41 EPS, exceeding estimates. Institutional investors own 79.73% of the stock. Target operates as a general merchandise retailer in the U.S.</p>

Target (NYSE:TGT) Upgraded by StockNews.com to Buy Rating