Zacks upgrades Target stock to strong buy after second-quarter results
Published on 10/15/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and company progress
- HSBC raised its Target price target from USD 125.00 to USD 190.00 on September 30, 2026.
- Second-quarter revenue reached USD 26.54 billion, up 5.30 percent year over year.
- Target Corp. stock trades at EUR 139.80 at 11:11 a.m. CEST at Lang & Schwarz on October 15, 2026.
Target Corp. stock (ISIN US87612E1064) was trading at EUR 139.80 at Lang & Schwarz on October 15, 2026 at 11:11 a.m. CEST. MarketBeat reported on October 14, 2026 that Zacks Research upgraded Target from Hold to Strong Buy.
Second-quarter growth had a catch
Target reported second-quarter fiscal 2026 revenue of USD 26.54 billion for the period ended August 1, 2026, up 5.30 percent from USD 25.21 billion a year earlier. Zacks reported that comparable sales increased 3.80 percent and digital comparable sales rose 8.70 percent.
The quarter's diluted GAAP earnings per share reached USD 4.11, versus USD 2.05 in the prior-year quarter. The result included USD 1.65 per share from tariff refunds, making the underlying improvement less dramatic than the headline figure.
Three dates show the recovery path
On August 19, 2026, Target reported USD 26.54 billion in second-quarter revenue and raised its full-year 2026 earnings guidance to USD 9.90-10.90 per share through its company release carried by Zacks. On September 30, 2026, ADVFN reported that HSBC raised its price target from USD 125.00 to USD 190.00. On October 14, 2026, MarketBeat reported the Zacks upgrade and a USD 159.33 consensus price target.
What dates matter next?
Nasdaq lists November 18, 2026 as the estimated date for Target's next earnings announcement, with consensus earnings per share of USD 2.08. A quarterly dividend of USD 1.16 per share is scheduled for payment on December 1, 2026, according to ADVFN.
Valuation meets execution risk
The main investor question is whether traffic-led growth can continue after the tariff benefit fades. Target's second-quarter comparable traffic rose 3.60 percent, while the average transaction amount increased 0.20 percent, a mix that favors customer visits over price-driven sales. The company also raised full-year sales growth guidance to about 5 percent, but the reported earnings range still includes the USD 1.65 per-share tariff benefit.
Target's primary listing is NYSE under ticker TGT, as identified by TradingView. The finance snapshot showed a last USD 155.30 quote on October 14, 2026 at 3:59 p.m. ET, a USD 70.5 billion market value, and a 52-week range of USD 83.44 to USD 170.75.
Target stock keeps a recovery test
The latest analyst upgrade adds support to a recovery case built on higher traffic, digital sales and improved guidance, while the tariff refund leaves investors with a higher bar for future quarters. Target Corp. stock was trading at EUR 139.80 at Lang & Schwarz on October 15, 2026 at 11:11 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Target Corp. stock.
Target Corp. stock facts
- Company: Target Corporation
- ISIN: US87612E1064
- Ticker: TGT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 11:11 a.m. CEST): EUR 139.80
- Market capitalization: USD 70.5 billion (as of October 14, 2026)
- 52-week range: USD 83.44-170.75 (as of October 14, 2026)
- Sector / Industry: Consumer Defensive / Discount Stores
- Index membership: S&P 500
Market context: Market report S&P 500.
