Targets TGT Stock Plunges 3.69 as Trading Volume Surges 132 to Rank 64th Amid Tariff Headwinds and Inflation Pressures

On September 2, Target Corporation (TGT) closed at $92.65, down 3.69%, with a trading volume of $1.2 billion, a 132.83% increase from the previous day. The stock ranked 64th in trading activity for the session.

Recent news highlights include warnings from retailers about ongoing tariff impacts, with analysts noting that inflation remains a key challenge for the sector. Truist Financial recently lowered its price target for TGT to $102 from $107 while maintaining a neutral rating. Additionally, the company’s second-quarter 2026 earnings report showed results above expectations, though broader market concerns about retail sector margins persist.

The stock’s performance reflects broader retail sector pressures, including shifting consumer spending patterns and competitive dynamics. Analysts have pointed to inflation and tariff-related costs as critical risks for retailers, with Target’s digital ecosystem being scrutinized for its potential to drive long-term profitability. Despite these challenges, the company’s recent earnings beat indicates resilience in certain areas of its operations.

Performance data as of September 2 shows TGT down 29.49% year-to-date and 37.50% over one year, underperforming the S&P 500’s 9.08% and 13.58% gains, respectively. Three-year returns stand at -38.06% compared to the benchmark’s 63.48%.