From Financial Modeling Prep: 2025-05-23 09:10:00

Peter Keith from Piper Sandler sets a new price target for Target Corporation (NYSE:TGT) at $94, indicating a slight overvaluation compared to the current trading price of $95.06.

Target revises its full-year sales outlook downward due to tariff concerns, diverging from Walmart’s maintained guidance and hinting at possible future price increases.

Despite a 4.5% dividend yield and attractive valuation, Target faces operational challenges, competitive pressure from Walmart and Costco, and macroeconomic headwinds impacting its performance.



Read more at Financial Modeling Prep:: Target Corporation’s Financial and Strategic Chall…