Fintel reports that on March 4, 2026, Telsey Advisory Group upgraded their outlook for Target (NYSE:TGT) from Market Perform to Outperform.
Analyst Price Forecast Suggests 11.54% Downside
As of February 25, 2026, the average one-year price target for Target is $106.86/share. The forecasts range from a low of $63.63 to a high of $147.00. The average price target represents a decrease of 11.54% from its latest reported closing price of $120.80 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Target is 125,342MM, an increase of 19.62%. The projected annual non-GAAP EPS is 14.92, a decrease of 11.84% from the prior forecast.
What is the Fund Sentiment?
There are 1,984 funds or institutions reporting positions in Target. This is an decrease of 586 owner(s) or 22.80% in the last quarter. Average portfolio weight of all funds dedicated to TGT is 0.16%, an increase of 21.79%. Total shares owned by institutions decreased in the last three months by 6.60% to 395,569K shares. 
The put/call ratio of TGT is 0.72, indicating a bullish outlook.
What are Other Shareholders Doing?
Charles Schwab Investment Management holds 17,066K shares representing 3.77% ownership of the company. In its prior filing, the firm reported owning 16,504K shares , representing an increase of 3.29%.
Geode Capital Management holds 10,299K shares representing 2.27% ownership of the company. In its prior filing, the firm reported owning 10,290K shares , representing an increase of 0.09%. The firm decreased its portfolio allocation in TGT by 43.74% over the last quarter.
Franklin Resources holds 6,194K shares representing 1.37% ownership of the company. In its prior filing, the firm reported owning 6,052K shares , representing an increase of 2.31%. The firm increased its portfolio allocation in TGT by 9.75% over the last quarter.
Norges Bank holds 6,014K shares representing 1.33% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Goldman Sachs Group holds 5,774K shares representing 1.28% ownership of the company. In its prior filing, the firm reported owning 2,631K shares , representing an increase of 54.44%. The firm increased its portfolio allocation in TGT by 38.35% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
