Is Target (TGT) One of the Stocks That Should Double in 3 Years?

Core Viewpoint - Target Corporation (NYSE:TGT) is identified as a stock that has the potential to double in value over the next three years, despite recent challenges in sales performance and internal errors [1][2]. Sales Performance - Target's sales have significantly deteriorated in the past quarter, attributed to internal errors in merchandising and marketing, which have negatively impacted consumer perception and the shopping experience [2]. - Truist has revised its Q3 2025 comparable sales forecast for Target, lowering it from a decline of 1.3% to a decline of 4.0% [2]. Strategic Recommendations - The firm advises that Target must urgently accelerate its merchandise innovation and capital investment spending to reverse the current negative sales trend [3]. Company Overview - Target Corporation operates as a general merchandise retailer in the US, offering a wide range of products including apparel, beauty products, food and beverages, electronics, and household essentials [3].