Analysts are cautiously optimistic about Target stock ahead of earnings

From Yahoo Finance: 2025-05-19 13:42:00

Target is set to report first-quarter results, with analysts cautiously optimistic about the retailer’s stock. Comparable store sales are expected to have fallen by 1.5%, with some analysts warning of a potential 4% decline. Target may lower its full-year forecasts due to tariff uncertainty and sales projections. JPMorgan and Morgan Stanley analysts anticipate lowered guidance. Despite the challenges, Oppenheimer and UBS analysts remain bullish on Target’s long-term prospects.

Read more: What Analysts Think of Target Stock Ahead of Earnings