HSBC upgraded Target's stock rating from Hold to Buy and set a new price target of $190, about 21.4% above the current share price of $156.45. This upgrade follows Target's strong recent quarterly earnings, reporting $26.54 billion in revenue and $8.94 billion in gross profit. The company demonstrated solid profitability with a 5.6% operating profit margin and efficient asset and inventory turnover rates. This positive outlook suggests confidence in Target's ongoing financial performance and competitive position in retail.
Following HSBC's upgrade of Target to a Buy rating, the stock trades slightly lower on Pluang at USD 156.06 as of Oct 02, 2026 02:32 WIB, down 0.40% for the day. Target's market capitalization stands at $71.18 billion, with a dividend yield of 2.96%. Investors on Pluang show full buying interest, with 100% of order activity on the platform as buys.
Target is lowering prices on nearly 2,000 apparel and home products to boost value perception before the holiday season, aiming to increase customer traffic and loyalty despite short-term margin impacts. Boeing secured a $20 billion contract to devel...
Target has cut prices on nearly 2,000 apparel and home products, adding to over 10,000 reductions in the past year, which Jefferies says is driving strong customer response and improving unit demand. The price cuts focus on value-conscious categories...
Target Corporation is lowering prices on nearly 2,000 home and apparel items, including clothing and bedding, to offer more affordable options as the holiday shopping season begins. Price cuts include women's long-sleeve tees dropping from $15 to $12...
