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Target stock surges 66% in 2026 but faces challenges to reach $200 per share.

Market News
01 Sep 2026
24/7 Wall Street
View Source
Bullish
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Target's stock has risen 66% in 2026, outperforming Walmart, Costco, and the broader market due to strong earnings growth and a recovery from a low valuation. Despite this, the average analyst price target remains below the current price, with most recommending a hold. The path to $200 per share is seen as challenging, requiring sustained earnings acceleration and a comeback in high-margin categories like home and apparel. Investors should watch upcoming earnings reports and EPS revisions for signs of continued growth.

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