Citigroup Keeps Neutral Rating on Target, Reduces Price Target to $89
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2025
0mins
Should l Buy TGT?
Source: Benzinga
Real-time Intelligence: Benzinga Pro offers traders the fastest news alerts to stay updated on market movements.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters for its users.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, sharing strategies and information.
Market Winning Tools: Benzinga Pro is designed to help traders win in the markets by providing accurate stock market intelligence.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TGT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TGT
Wall Street analysts forecast TGT stock price to fall
26 Analyst Rating
8 Buy
14 Hold
4 Sell
Hold
Current: 125.250
Low
80.00
Averages
98.83
High
126.00
Current: 125.250
Low
80.00
Averages
98.83
High
126.00
About TGT
Target Corporation is a general merchandise retailer selling products to its guests through its stores and digital channels. The Company offers customers, referred to as guests, everyday essentials and fashionable, differentiated merchandise at discounted prices. The majority of its stores offer a wide assortment of general merchandise and food. Its merchandise categories include apparel and accessories, beauty and household essentials, food and beverage, hardlines, and home furnishings and decor. Most of its stores are larger than 170,000 square feet, offer a variety of general merchandise and a full line of food items comparable to traditional supermarkets. Its digital channels include a wide merchandise and food assortment, including many items found in its stores, along with a complementary assortment sold by the Company and third parties. Its brands include A New Day, Ava & Viv, Cloud Island, Favorite Day, and others. It serves guests at nearly 2,000 stores and at Target.com.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Pharmaceutical Stocks Rise Amid Hantavirus Outbreak
- Pharmaceutical Stocks Rise: Pharmaceutical stocks are climbing amid the recent hantavirus outbreak, although officials state that the public health risk is low, indicating strong market confidence in the pharmaceutical sector, which may drive stock prices higher for related companies.
- Oil Price Fluctuations: Oil futures rose overnight following Trump's rejection of Iran's peace proposal, as investors worry that prolonged conflict will further strain crude supply, potentially leading to instability in the energy market and impacting the profitability of related firms.
- Google Stock Surge: Alphabet's stock has climbed over 160% in the past 12 months, making it the best-performing trillion-dollar U.S. tech company, reflecting strong market confidence in its artificial intelligence capabilities, which may attract more investor interest.
- Target's New Strategy: Target has rolled out
See More
Pharmaceutical Stocks Rise Amid Hantavirus Outbreak
- Pharmaceutical Stocks Rise: Pharmaceutical stocks are climbing due to the recent hantavirus outbreak, although officials state that the public health risk is low, indicating increased market confidence in the pharmaceutical sector, which may drive stock prices higher.
- Oil Price Fluctuations: Oil prices rose overnight following Trump's rejection of Iran's peace proposal, as investors worry that prolonged conflict will further strain crude supply, potentially leading to instability in the energy market and affecting operational costs for related companies.
- Tech Stock Performance: Alphabet's stock has surged over 160% in the past 12 months, making it the best-performing trillion-dollar U.S. tech company, reflecting strong market confidence in its artificial intelligence capabilities, which may attract more investor interest in its future growth.
- Retail Strategy Adjustment: Target has opened
See More
Congress Seeks Funding to Revamp National Parks
- Funding Source Exploration: Congress is exploring funding sources to improve national parks, considering tolls on federally operated roads in the Washington area, which could provide new revenue streams to alleviate the growing maintenance backlog.
- Maintenance Bill Successor: Lawmakers are racing to pass the 'America the Beautiful Act' as a successor to the 'Great American Outdoors Act', aimed at addressing the maintenance backlog in national parks and ensuring facilities are improved ahead of the nation's 250th birthday.
- Budget Cuts Impact: Trump's proposal to cut the National Park Service's overall budget by 34% in fiscal year 2027 and reduce the construction budget to $50 million could lead to further declines in park maintenance and service quality, negatively affecting visitor experiences and related industries.
- Outdoor Industry Support: The outdoor recreation market contributes $1.2 trillion annually to the U.S. economy, and congressional funding support is expected to boost sales for retailers like REI and Patagonia, enhancing consumer engagement in outdoor activities and driving demand for related products.
See More
Congress Seeks Funding to Rebuild National Parks Ahead of 250th Anniversary
- Funding Controversy: Congress aims to find funding for the national parks' rebuild, with House Republicans proposing tolls on federally operated roads around Washington and increased fees for international visitors, while Democrats argue these new fees are untenable and emphasize that maintaining parks is a government responsibility.
- Maintenance Backlog Issue: Lawmakers are racing to pass a successor to the Great American Outdoors Act to address the National Park Service's maintenance backlog, which has worsened since the law expired, necessitating new legislation to complete the task.
- Budget Cuts Impact: Trump's proposed budget for fiscal year 2027 suggests a 34% cut to the National Park Service's overall budget and a 72% reduction in construction funding to less than $50 million compared to 2025, which will exacerbate the challenges in maintaining and operating national parks.
- Outdoor Market Potential: The outdoor recreation market contributes $1.2 trillion to the U.S. economy and supports 5 million jobs annually, and congressional support for national parks not only protects these natural assets but also boosts sales for retailers like REI and Patagonia, aiding economic recovery.
See More
Target Launches Baby Boutiques to Attract Family Customers
- Baby Boutique Rollout: Target has launched baby boutiques in approximately 200 stores, allowing customers to experience high-end brands like UPPAbaby firsthand, aiming to attract busy family customers and enhance market share.
- Market Share Challenges: Despite holding a 17.6% share in the baby products market, Target has seen a decline compared to Walmart's 27% and Amazon's 24.4%, indicating increased competitive pressure.
- Sales Growth Expectations: Target anticipates a year-over-year net sales increase of about 2% this year, with growth expected in every quarter, signaling efforts to reverse the sales slump experienced over the past four quarters.
- Strategic Investment Plan: Target plans to invest approximately $5 billion in capital expenditures this fiscal year to improve store experiences and product quality, aiming to enhance customer loyalty and address competitive challenges.
See More
Three Dividend Stocks with Stable Returns
- Target's Dividend Record: Target has paid dividends every quarter since going public in 1967, achieving 235 consecutive payments and raising its dividends for 54 years, earning it the title of Dividend King; despite a 45% drop from its 2021 peak, its current 3.5% yield presents a strong entry point for investors.
- Nike's Recovery Strategy: Nike's stock is near a 12-year low, down 76% from its 2021 peak, yet CEO Elliott Hill is executing a 'Wholesale Renaissance' with Q3 wholesale revenue up 8% globally and 24% in North America, while maintaining a 24-year streak of dividend increases, highlighting the brand's resilience and long-term investment potential.
- Constellation's Brand Strength: Constellation Brands owns the top-selling beer in the U.S., Modelo Especial, and despite a 50% decline from its 2023 peak, its dividend yield has risen to approximately 2.8%, returning over $900 million to shareholders in fiscal 2026, focusing on premium Mexican beer to enhance market position.
- Market Environment Challenges: Despite facing challenges such as consumer caution and rising tariff costs, Target, Nike, and Constellation Brands demonstrate strong brand resilience and consistent dividend payments, attracting long-term investor interest, especially during turbulent market conditions.
See More
Pharmaceutical Stocks Rise Amid Hantavirus Outbreak
- Pharmaceutical Stocks Rise: Pharmaceutical stocks are climbing amid the recent hantavirus outbreak, although officials state that the public health risk is low, indicating strong market confidence in the pharmaceutical sector, which may drive stock prices higher for related companies.
- Oil Price Fluctuations: Oil futures rose overnight following Trump's rejection of Iran's peace proposal, as investors worry that prolonged conflict will further strain crude supply, potentially leading to instability in the energy market and impacting the profitability of related firms.
- Google Stock Surge: Alphabet's stock has climbed over 160% in the past 12 months, making it the best-performing trillion-dollar U.S. tech company, reflecting strong market confidence in its artificial intelligence capabilities, which may attract more investor interest.
- Target's New Strategy: Target has rolled out
See More
Pharmaceutical Stocks Rise Amid Hantavirus Outbreak
- Pharmaceutical Stocks Rise: Pharmaceutical stocks are climbing due to the recent hantavirus outbreak, although officials state that the public health risk is low, indicating increased market confidence in the pharmaceutical sector, which may drive stock prices higher.
- Oil Price Fluctuations: Oil prices rose overnight following Trump's rejection of Iran's peace proposal, as investors worry that prolonged conflict will further strain crude supply, potentially leading to instability in the energy market and affecting operational costs for related companies.
- Tech Stock Performance: Alphabet's stock has surged over 160% in the past 12 months, making it the best-performing trillion-dollar U.S. tech company, reflecting strong market confidence in its artificial intelligence capabilities, which may attract more investor interest in its future growth.
- Retail Strategy Adjustment: Target has opened
See More
Congress Seeks Funding to Revamp National Parks
- Funding Source Exploration: Congress is exploring funding sources to improve national parks, considering tolls on federally operated roads in the Washington area, which could provide new revenue streams to alleviate the growing maintenance backlog.
- Maintenance Bill Successor: Lawmakers are racing to pass the 'America the Beautiful Act' as a successor to the 'Great American Outdoors Act', aimed at addressing the maintenance backlog in national parks and ensuring facilities are improved ahead of the nation's 250th birthday.
- Budget Cuts Impact: Trump's proposal to cut the National Park Service's overall budget by 34% in fiscal year 2027 and reduce the construction budget to $50 million could lead to further declines in park maintenance and service quality, negatively affecting visitor experiences and related industries.
- Outdoor Industry Support: The outdoor recreation market contributes $1.2 trillion annually to the U.S. economy, and congressional funding support is expected to boost sales for retailers like REI and Patagonia, enhancing consumer engagement in outdoor activities and driving demand for related products.
See More
Congress Seeks Funding to Rebuild National Parks Ahead of 250th Anniversary
- Funding Controversy: Congress aims to find funding for the national parks' rebuild, with House Republicans proposing tolls on federally operated roads around Washington and increased fees for international visitors, while Democrats argue these new fees are untenable and emphasize that maintaining parks is a government responsibility.
- Maintenance Backlog Issue: Lawmakers are racing to pass a successor to the Great American Outdoors Act to address the National Park Service's maintenance backlog, which has worsened since the law expired, necessitating new legislation to complete the task.
- Budget Cuts Impact: Trump's proposed budget for fiscal year 2027 suggests a 34% cut to the National Park Service's overall budget and a 72% reduction in construction funding to less than $50 million compared to 2025, which will exacerbate the challenges in maintaining and operating national parks.
- Outdoor Market Potential: The outdoor recreation market contributes $1.2 trillion to the U.S. economy and supports 5 million jobs annually, and congressional support for national parks not only protects these natural assets but also boosts sales for retailers like REI and Patagonia, aiding economic recovery.
See More
Target Launches Baby Boutiques to Attract Family Customers
- Baby Boutique Rollout: Target has launched baby boutiques in approximately 200 stores, allowing customers to experience high-end brands like UPPAbaby firsthand, aiming to attract busy family customers and enhance market share.
- Market Share Challenges: Despite holding a 17.6% share in the baby products market, Target has seen a decline compared to Walmart's 27% and Amazon's 24.4%, indicating increased competitive pressure.
- Sales Growth Expectations: Target anticipates a year-over-year net sales increase of about 2% this year, with growth expected in every quarter, signaling efforts to reverse the sales slump experienced over the past four quarters.
- Strategic Investment Plan: Target plans to invest approximately $5 billion in capital expenditures this fiscal year to improve store experiences and product quality, aiming to enhance customer loyalty and address competitive challenges.
See More
Three Dividend Stocks with Stable Returns
- Target's Dividend Record: Target has paid dividends every quarter since going public in 1967, achieving 235 consecutive payments and raising its dividends for 54 years, earning it the title of Dividend King; despite a 45% drop from its 2021 peak, its current 3.5% yield presents a strong entry point for investors.
- Nike's Recovery Strategy: Nike's stock is near a 12-year low, down 76% from its 2021 peak, yet CEO Elliott Hill is executing a 'Wholesale Renaissance' with Q3 wholesale revenue up 8% globally and 24% in North America, while maintaining a 24-year streak of dividend increases, highlighting the brand's resilience and long-term investment potential.
- Constellation's Brand Strength: Constellation Brands owns the top-selling beer in the U.S., Modelo Especial, and despite a 50% decline from its 2023 peak, its dividend yield has risen to approximately 2.8%, returning over $900 million to shareholders in fiscal 2026, focusing on premium Mexican beer to enhance market position.
- Market Environment Challenges: Despite facing challenges such as consumer caution and rising tariff costs, Target, Nike, and Constellation Brands demonstrate strong brand resilience and consistent dividend payments, attracting long-term investor interest, especially during turbulent market conditions.
See More
