Freedom Broker analyst Georgy Vashchenko downgraded Target to Hold from Buy with a price target of $130, down from $145. The company reported stronger than expected Q1 results but one quarter is insufficient to underwrite a sustained earnings inflection, the analyst tells investors in a research note. Freedom says Target's fiscal 2026 remains a transition year, with tougher comparisons, reinvestments, and limited near-term margin expansion. It says the stock's upside is balanced at current levels.
