Target's Q1 sales rise 6.7%, digital sales up 8.9%, EPS $1.71; raises 2026 sales growth forecast to ~4%.

Target's merchandising reset boosts shopper traffic, prompting Jefferies to raise Q2 sales and EPS forecasts.

Target Corp's broad merchandising overhaul, including expanded wellness, beauty, home decor, and food sections, is driving increased shopper traffic. Jefferies raised its Q2 comparable sales estimate to 1.6% and EPS forecast to $2.18, citing early si...