Kremer Melissa K sold $2.6M of TGT

HSBC upgraded Target Corp (TGT) to Buy, raising its price target to $190 from $125. The move follows strong Q2 sales and progress in Target's turnaround strategy. Target offers a 2.93% dividend yield with a 47% payout ratio. The stock is modestly overvalued relative to its GF Value of $132.72, with a GF Score of 75. HSBC also raised its FY2027 EPS estimate to $10.61 from $8.26.

HSBC upgraded Target (TGT) to 'Buy' with a $190 price target, citing improved customer traffic and earnings guidance. Target's dividend yield is 2.88%, and its GF Score is 77/100. Insider sales totaled $10.96M over three months, raising concerns. The stock is currently overvalued by 18.1% according to GF Value.

HSBC upgraded Target (TGT) to buy, raising its price target to $190 from $125, citing a traffic-led recovery. Q2 results showed comparable sales up 3.8%, with profits exceeding expectations. Beauty, food, and back-to-school apparel led growth. HSBC expects Target to surpass forecasts, with a potential $994M tariff refund. Target shares have risen 62% YTD.

HSBC upgraded Target (TGT) to Buy, raising its price target to $190 from $125, citing earnings recovery potential and stronger traffic. The new target is based on an 18x multiple applied to revised FY2027 EPS estimate of $10.61. Target's stock has returned 81% over the past year. Other analysts have also revised earnings upwards, with consensus FY2027 EPS estimates at $10.51. Risks include uneven recovery in certain categories and continued weakness in consumer spending.

HSBC upgraded Target (TGT) to Buy from Hold, raising its price target to $190 from $125. The move follows Target's Q2 results, which showed a 3.8% increase in comparable sales and EPS above market expectations, excluding a $994 million tariff-refund benefit. HSBC cited stronger customer activity and improved store traffic as key factors. The bank now expects fiscal 2027 EPS of $10.61, up from $8.26.

HSBC upgraded Target (TGT) to buy, raising its price target to $190, citing strong Q2 sales and a positive outlook. Analyst Joe Thomas noted 3.8% comparable sales growth and consistent performance across income demographics. Target's stock is up 62% YTD, with most analysts holding a neutral view.