Telsey Advisory Group has maintained its "Market Perform" rating for Target (TGT) with a $110 price target. Analyst Joseph Feldman reiterated his previous stance, reflecting no change in the company's price target. The average target price for TGT is $105.68, with a high estimate of $140.00 and a low estimate of $82.00, implying an upside of 0.30% from the current price. The average brokerage recommendation is currently 2.8, indicating "Hold" status.
In a recent report, Telsey Advisory Group has maintained its "Market Perform" rating for Target Corporation (TGT) with a price target of $110.00. Analyst Joseph Feldman reiterated his previous stance, reflecting no change in the company's price target. The average target price for TGT is $105.68, with a high estimate of $140.00 and a low estimate of $82.00, implying an upside of 0.30% from the current price. The average brokerage recommendation is currently 2.8, indicating a "Hold" status [3].
Telsey's projections factor in soft consumer spending, particularly in discretionary categories, along with increased costs from promotions and investments in labor and technology. The firm also noted potential pressure from tariffs and negative trends in second-quarter traffic data from Placer.ai. The analyst report suggests Target appears to be losing market share to competitors including Amazon (NASDAQ:AMZN), Costco (NASDAQ:COST), and Walmart (NYSE:WMT), all of which Telsey rates as Outperform with price targets of $235, $1,100, and $115 respectively [3].
Target's focus on value, loyalty programs, and strategic initiatives—including private brands, store expansion and remodels, supply chain improvements, digital services, Drive Up, and the Target+ marketplace—could partially offset these challenges. However, the company continues to face stiff competition in the retail sector [3].
References:
[1] https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24EL+Given+%2499.0+Price+Target
[2] https://www.marketbeat.com/instant-alerts/telsey-advisory-group-increases-earnings-estimates-for-capri-2025-08-11/
[3] https://www.investing.com/news/analyst-ratings/target-stock-rating-maintained-by-telsey-amid-soft-consumer-spending-93CH-4191339
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