TGT · Target Corporation
AI read · Good for TGT
The AI's read
Target beat Q2: EPS $2.46 vs $2.33 and sales $26.539B vs $26.141B. It raised FY2026 adjusted EPS to $9.90-$10.90 and bumped sales to $110.019B. Market already reacted, with TGT up ~5.1% and trading near its 52-week high; RSI is 64 so momentum is strong but not extreme. Volume is elevated on the move. Catalyst is company-specific and clear, so upside exists if guidance holds. We'd run smaller sizes and tighter stops given the choppy regime and the quick pop.