DA Davidson Raises Target (TGT) PT to $140

Core Viewpoint - Target Corporation (NYSE:TGT) is identified as one of the 13 undervalued Dividend Aristocrats to consider for investment [1] Group 1: Stock Performance and Analyst Ratings - DA Davidson raised its price target for Target from $120 to $140, indicating an upside of over 17% from current levels while maintaining a 'Buy' rating [2] - The increase in price target is based on revised FY26 and FY27 EPS estimates following Target's Q4 results and 2026 outlook [2] Group 2: Financial Performance - Target beat earnings estimates in its Q4 2025 results, although revenue and customer traffic continued to decline [3] - The company is undergoing a turnaround effort, expecting net sales to increase by approximately 2% year-over-year in FY 2026, with a goal of growing sales in every quarter [3] - Target aims for full-year adjusted earnings to be in the range of $7.50 to $8.50 per share, compared to $7.57 per share in FY 2025 [3]