Target's Stock Hasn't Had a Great Year. Here's Why It's Climbing Today

Core Insights - Target's shares have seen a recent increase, rising over 2% after reports of activist investor Toms Capital Investment Management acquiring a stake in the company [2][6] - The retailer has faced significant challenges in 2025, with shares losing more than 25% of their value [4] - Target aims to return to growth through three strategic priorities: enhancing merchandising authority, improving the shopping experience, and leveraging technology [4] Company Performance - Target's stock has been underperforming, with expectations of year-over-year sales declines in the fourth quarter following a drop in the third quarter [4] - The company appointed a new CEO, who will take over in February, amid ongoing challenges [4] Investor Sentiment - The presence of activist investors typically indicates potential for change and recovery in underperforming companies [3] - Wall Street analysts have a cautious outlook, with the mean price target for Target's stock slightly above $94, which is below its previous close [5]