Evercore ISI cuts target for Target stock from USD 170.00 to USD 165.00

Published on 10/21/2026 at 10:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 5.30 percent to USD 26.54 billion on August 19, 2026. Target stock costs EUR 137.00 on October 21, 2026.

Analyst target and reporting dates

Evercore ISI cut its Target price target on October 13, 2026.
Second-quarter fiscal 2026 revenue reached USD 26.54 billion on August 19, 2026.
Target stock trades at EUR 137.00 at 10:44 a.m. CEST at Lang & Schwarz on October 21, 2026.

Bauhaus-Poster mit geometrischen Formen und Silhouette einer Person mit Einkaufswagen — Bauhaus-Poster mit geometrischen Formen und Schriftzug RETAIL symbolisiert die Branche von Target Corp., ISIN US87612E1064, Illustration mit AI erstellt.

Target Corporation stock (ISIN US87612E1064) is facing a lower analyst target after Evercore ISI cut its price objective to USD 165.00 from USD 170.00 on October 13, 2026, according to MarketScreener. The move leaves the analyst view below the latest US quotation cited on the same page.

Target combines growth with a refund

Target reported second-quarter fiscal 2026 net sales of USD 26.54 billion on August 19, 2026, up 5.30 percent from USD 25.21 billion a year earlier. Zacks reported adjusted earnings per share of USD 4.11, compared with USD 2.05 in the year-ago quarter. A USD 1.65 tariff-refund benefit was included in that result.

Three dated signals for Target

On August 19, 2026, Target reported USD 26.54 billion in second-quarter sales. On September 30, 2026, HSBC raised its target to USD 190.00 from USD 125.00, a change listed by MarketScreener. On October 13, 2026, Evercore ISI cut its target to USD 165.00 from USD 170.00.

Which dates come next?

Target has an ex-dividend date of November 10, 2026, for its USD 1.16 quarterly dividend, according to MarketScreener. The next earnings date is November 18, 2026, according to Nasdaq, with a consensus earnings-per-share estimate of USD 2.08.

Profit quality remains the test

Target's sales growth is improving, but the second-quarter profit comparison included the tariff refund. Excluding that item, adjusted earnings per share still rose 20.00 percent year over year, while comparable sales increased 3.80 percent. The November report will show whether traffic and margins can advance without another one-time benefit.

Stock price in euro trading

Target stock was trading at EUR 137.00 at Lang & Schwarz on October 21, 2026 at 10:44 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Target stock.