HSBC upgrades Target Corp stock to Buy with USD 190.00 target
Published on 10/01/2026 at 11:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On October 1, 2026, HSBC upgraded Target Corp stock from Hold to Buy and raised its price target from USD 125.00 to USD 190.00, according to GuruFocus. The move puts customer traffic, earnings guidance and profit recovery at the center of the latest Target discussion.
HSBC raises the valuation bar
The change from Hold to Buy and the move from USD 125.00 to USD 190.00 give the latest analyst call a clear numerical edge. The new target is USD 51.40 above the Lang & Schwarz price of EUR 138.60, but the currencies differ, so no direct percentage comparison is made.
HSBC's upgrade also arrives against a mixed analyst backdrop. MarketBeat reported on September 22, 2026, that 11 analysts rated the stock Buy, 18 rated it Hold and 3 rated it Sell, with a consensus target of USD 159.52.
Second quarter results improve
Target generated USD 26.54 billion in revenue in the second quarter of 2026, up 5.30 percent from the same period a year earlier, according to MarketBeat. Diluted earnings per share reached USD 4.11, compared with a consensus estimate of USD 2.35.
The same report said Target maintained fiscal 2026 earnings-per-share guidance of USD 9.90-10.90. That guidance gives the HSBC call a fundamental reference point, because the valuation change depends on whether stronger traffic can translate into sustained profit improvement.
Dividend adds an income angle
Target's board declared a quarterly dividend of USD 1.16 per common share on September 23, 2026, payable December 1, 2026, according to MarketScreener. The payment schedule gives the stock a separate income dimension while analysts debate the pace of the retail recovery.
Euro quote stays close to prior close
Target was trading at EUR 138.60 at Lang & Schwarz on October 1, 2026 at 11:40 a.m. CEST, up 0.22 percent versus the EUR 138.30 prior close at Lang & Schwarz on September 30, 2026. The primary listing is on the NYSE, where the finance quote showed a 52-week range of USD 83.44 to USD 170.75 as of October 1, 2026.
The further course of trading is shown by the continuously updated real-time quote of Target Corp stock.
Target Corp stock at a glance
- Company: Target Corporation
- ISIN: US87612E1064
- Ticker: TGT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 1, 2026, 11:40 a.m. CEST): EUR 138.60
- Change versus prior close: plus 0.22 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 138.30
- Market capitalization: USD 71.2 billion (as of October 1, 2026)
- 52-week range: USD 83.44-170.75 (as of October 1, 2026)
- Sector / Industry: Consumer Defensive / Discount Stores
- Index membership: S&P 100
