Jefferies Keeps Buy Rating on Target, Reduces Price Target to $115
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 20 2025
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Should l Buy TGT?
Source: Benzinga
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Analyst Views on TGT
Wall Street analysts forecast TGT stock price to fall
26 Analyst Rating
8 Buy
14 Hold
4 Sell
Hold
Current: 115.660
Low
80.00
Averages
98.83
High
126.00
Current: 115.660
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.
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- Optimistic Market Outlook: Despite tariffs remaining a defining feature of the trade landscape, analysts believe that consumer spending may receive additional support from tax refunds, making the retail and consumer staples sectors attractive investment opportunities.
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- Distribution Gains: The increase in distribution through Target further strengthens Edna's on-shelf presence, with expectations of a meaningful sales boost during the promotional window, reflecting retailer confidence in the brand.
- Accelerated Market Demand: Co-Founder Nick Devine states that this expansion and placement reflect Target's confidence in the brand and the accelerating demand for sophisticated non-alcoholic options, indicating the company's potential for sustained national growth.
See More
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- Bankruptcy Wave: American Signature Furniture declared bankruptcy after nearly 80 years, with sales declining by 27% between 2023 and 2025 and net operating losses ballooning from $18 million to $70 million, highlighting the industry's fragility.
- Market Share Shift: Large furniture companies like RH and Williams-Sonoma have managed to grow sales despite tariff pressures, with RH reporting nearly a 10% sales increase in the nine months ending November 1, showcasing its competitive advantage in an uncertain environment.
- Future Uncertainty: The Supreme Court's ruling will further affect tariff policies, and industry leaders indicate that the current unstable tariff strategy prevents businesses from making long-term investment plans, increasing operational risks.
See More
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- Challenges Under New CEO: With John Furner taking the helm amid intensifying market competition, investor focus on his strategic direction is increasing, which could impact stock performance.
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- Industry Dynamics Impact: On the same day as Walmart's report, Wayfair posted its first annual sales gain, while Etsy's stock rose after beating earnings expectations, indicating a potential pressure on Walmart from the recovering retail sector.
See More
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- New CEO Strategy: New CEO John Furner is set to continue focusing on online business growth and attracting more middle to high-income customers, aiming to increase the company's share in higher-margin sectors like third-party marketplaces and advertising.
- Market Dynamics: Despite Walmart's stock rising about 22% over the past year, it is expected to lose the title of largest retailer by annual revenue, as Amazon has already surpassed Walmart in quarterly revenue, highlighting intensifying competition in the retail market.
See More
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- Market Dynamics Analysis: Analysts anticipate that Walmart could benefit from favorable factors like tax cuts, despite mixed signals from the economy, including lackluster retail sales and job market uncertainties, indicating potential volatility in consumer spending.
- Strategic Focus Shift: New CEO Furner is likely to continue prioritizing online business growth and attracting customers across income levels while ramping up higher-margin businesses such as its third-party marketplace and advertising, aiming to enhance overall profitability.
- Market Position Change: Walmart is expected to lose its title as the largest retailer by annual revenue, as Amazon has already surpassed it in quarterly revenue and is on track to do so annually, highlighting the intensifying competition in the retail sector.
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