- Goldman Sachs downgrades Target to Neutral, citing vulnerability to discretionary spending and tariff impacts.
- Analysts provide a range of price targets, with an average estimate suggesting a 39.96% upside potential.
- GuruFocus' GF Value estimates a notable 68.41% upside.
Goldman Sachs recently adjusted its stance on Target Corp. (NYSE: TGT), shifting from a more favorable view to a Neutral rating. The investment bank highlights concerns regarding Target's exposure to fluctuations in discretionary spending, compounded by potential tariff impacts and slowing sales growth. This position contrasts with the relative strength seen in peers such as Walmart and Costco.
Wall Street Analysts' Price Targets
Target Corp. continues to draw attention from analysts, as evidenced by the diverse price targets offered by 32 analysts. Currently, the average one-year price target stands at $128.88, with estimates spanning a high of $160.00 and a low of $82.00. From the current stock price of $92.08, these projections suggest an average potential upside of 39.96%. For those interested in delving deeper into these numbers, additional insights can be found on the Target Corp. (TGT, Financial) Forecast page.
Brokerage Recommendations Overview
Target's prospects, as reflected in the consensus among 40 brokerage firms, maintain an "Outperform" rating, with an average recommendation score of 2.5 on a scale where 1 indicates a Strong Buy and 5 suggests Sell. This rating underscores a generally optimistic outlook from the analyst community.
GuruFocus GF Value Estimation
In assessing Target's valuation, the GuruFocus GF Value provides an estimate of $155.07 for the coming year, implying a remarkable upside of 68.41% compared to the current trading price of $92.08. The GF Value calculation integrates historical trading multiples, past business growth, and projected business performance. Investors seeking to explore further valuation details can visit the Target Corp. (TGT, Financial) Summary page.
