Following strong Q2 earnings, analysts raise their price targets for Target.

TGT · Target Corporation

The AI's read

Target beat Q2 on both EPS ($2.46 vs $2.33) and sales, then raised 2026 sales and EPS guidance sharply. Analysts promptly lifted price targets, so corporate momentum just flipped positive. The market barely budged, up ~0.3% and RSI 64, so the move doesn't look fully priced yet. That said, stock sits near its 52-week high so upside is real but not unlimited. Our take: company-specific beats plus guidance lift make a bullish case, but the market backdrop is weak so size accordingly. Conviction 84%, lean bullish on idiosyncratic upside while keeping risk tight.