Here’s Why Wall Street Has a Mixed Opinion About Target Corporation (TGT)

Core Viewpoint - Target Corporation (NYSE:TGT) is currently viewed as a top large-cap stock to buy at a 52-week low, despite mixed opinions from Wall Street following its fiscal second quarter results for 2026, where the stock has fallen over 8.8% since the earnings release [1]. Financial Performance - The company reported a quarterly revenue of $25.21 billion, which represents a year-over-year decrease of 0.95%, but exceeded consensus estimates by $306.39 million [2]. - The earnings per share (EPS) was $2.05, surpassing consensus by $0.01 [2]. - Management indicated that traffic and sales trends improved significantly compared to the first quarter of 2025, with all core merchandising categories experiencing quarter-over-quarter comparable sales growth [2]. Analyst Ratings - Analysts have differing views on Target Corporation; Simeon Gutman from Morgan Stanley maintained a Buy rating with a price target of $112 [3]. - Conversely, Seth Sigman from Barclays and Robert Ohmes from Bank of America Securities both reiterated Sell ratings, with price targets of $91 and $93, respectively [3].