Target Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga Earnings
08/19

Target Corporation (NYSE:TGT) will release its second quarter earnings report before the opening bell on Wednesday, Aug. 19.

Analysts expect the Minneapolis, Minnesota-based company to report quarterly earnings of $2.33 per share, up from $2.05 per share in the year-ago period. The consensus estimate for Target’s quarterly revenue is $26.13 billion. It reported $25.21 billion last year, according to Benzinga Pro.

On July 22, Target named former 7-Eleven CEO to its board of directors.

Shares of Target rose 1% to close at $152.48 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating and raised the price target from $150 to $170 on Aug. 14, 2026. This analyst has an accuracy rate of 64%.
  • Truist Securities analyst Scot Ciccarelli maintained a Hold rating and raised the price target from $130 to $147 on Aug. 14, 2026. This analyst has an accuracy rate of 70%.
  • Piper Sandler analyst Peter Keith maintained a Neutral rating and increased the price target from $127 to $146 on Aug. 14, 2026. This analyst has an accuracy rate of 67%.
  • Jefferies analyst Corey Tarlowe maintained a Buy rating and increased the price target from $161 to $177 on Aug. 14, 2026. This analyst has an accuracy rate of 60%.
  • RBC Capital analyst Steven Shemesh maintained an Outperform rating and raised the price target from $153 to $166 on Aug. 12, 2026. This analyst has an accuracy rate of 60%.

Considering buying TGT stock? Here’s what analysts think:

Photo via Shutterstock

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