Target (NYSE:TGT) Stock, Quote.Headers.trade-ideas

Target

Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

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The sell-off in stocks reversed abruptly this week after the consumer price index (CPI) reading on inflation hinted that the soft landing scenario may still be on the table in 2025. If so, you should expect to see a strong earnings season.

MarketBeat Week in Review – 01/13 - 01/17

Target.Shutterstock

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Reiteration

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Target (TGT) reports growth in holiday sales but kept earnings outlook unchanged. Analysts see potential for higher end of earnings guidance.

Target Analysts Weigh In On Holiday Gains, Sales Momentum

Top Tech Deals To Grab This Target Circle Week

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Target Corporation&#39;s sales grew by 2.8% over the last two months, with record-high sales during the &#39;deals&#39; in holiday shopping season.

Target Customers Just Looking For Deals? Stock Flashes Bearish Warnings As EPS Guidance Unchanged Despite Record Holiday Sales

Target Corp

TARGETED MICRO SOL ORD by Targeted Microwave Solutions Inc.

Targeted Microwave Solutions Inc

TG Therapeutics Inc

Citigroup analyst Paul Lejuez maintains Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) with a Neutral and raises the price target from $130 to $133.

Citigroup Maintains Neutral on Target, Raises Price Target to $133

Investors with a lot of money to spend have taken a bearish stance on Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TGT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 15 uncommon options trades for Target.
This isn't normal.
The overall sentiment of these big-money traders is split between 40% bullish and 53%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $514,930, and 9 are calls, for a total amount of $831,199.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $115.0 to $160.0 for Target over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Target's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Target's whale activity within a strike price range from $115.0 to $160.0 in the last 30 days. 
<h3>Target Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737136831_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$19.8</td>
<td>$19.2</td>
<td>$19.8</td>
<td>$125.00</td>
<td>$514.8K</td>
<td>632</td>
<td align="right">262</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/14/25</td>
<td>$1.13</td>
<td>$0.95</td>
<td>$0.96</td>
<td>$123.00</td>
<td>$256.8K</td>
<td>51</td>
<td align="right">0</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$14.65</td>
<td>$14.45</td>
<td>$14.65</td>
<td>$130.00</td>
<td>$73.2K</td>
<td>1.4K</td>
<td align="right">11</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$31.8</td>
<td>$31.6</td>
<td>$31.6</td>
<td>$160.00</td>
<td>$63.2K</td>
<td>431</td>
<td align="right">20</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$29.1</td>
<td>$28.85</td>
<td>$29.1</td>
<td>$160.00</td>
<td>$55.2K</td>
<td>295</td>
<td align="right">19</td>
</tr>
</tbody>
</table>

<h3>About Target</h3>
Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
Having examined the options trading patterns of Target, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Target</h3>
<ul>
<li>Currently trading with a volume of 3,484,996, the TGT's price is down by -1.39%, now at $131.4. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 46 days.</li>
</ul>
<h3>What The Experts Say On Target</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $142.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Truist Securities has decided to maintain their Hold rating on Target, which currently sits at a price target of $134. 
&#x2A; Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Outperform rating on Target with a target price of $150. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Target with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Market Whales and Their Recent Bets on TGT Options

Truist Securities analyst Scot Ciccarelli maintains Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) with a Hold and raises the price target from $129 to $134.

Truist Securities Maintains Hold on Target, Raises Price Target to $134

Target Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) reported <a href="https://www.benzinga.com/general/market-summary/25/01/43053453/target-customers-just-looking-for-deals-stock-flashes-bearish-warnings-as-eps-guidance-unchanged-despite-record-holiday-sales">growth in holiday sales and kept earnings outlook unchanged</a>. Here are some key analyst takeaways.
<h1 class="wp-block-heading">Truist Securities On Target</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59493ca670ed7a0001097213/scot-ciccarelli">Analyst </a><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59493ca670ed7a0001097213/scot-ciccarelli">Scot Ciccarelli</a> reiterated a Hold rating while lifting the price target from $129 to $134.
Target's holiday sales growth of 2.8% was driven by a 3% rise in traffic, Ciccarelli said in a note. The company indicated a meaningful acceleration in discretionary sales, "marking an inflection in these categories," which have been weak in recent quarters, he added.
Although management raised their fourth-quarter comp guidance to around 1.5%, from the previous projection of flat comps, they kept the earnings guidance unchanged at $1.85- $2.45 per share, the analyst stated. This suggests that "promotions/discounts remain important to customer shopping activity," he further wrote.
<h1 class="wp-block-heading">DA Davidson On Target</h1>
<a href="https://drupal-cloudfront.benzinga.com/topic/michael-baker">Analyst </a>Michael Baker maintained Buy rating and a price target of $153.
Target's comps for November and December rose by 2.0%, taking total sales up 2.8%, Baker said. The better-than-expected comp was driven by "apparel and toys, among other discretionary categories," he added.
In a better spending environment, Target benefits due to "their higher exposure to those areas," the analyst stated. Although the earnings guidance for the full quarter is "a fairly wide range," the consensus could "move to the higher end," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h1 class="wp-block-heading">Goldman Sachs On Target</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58580bcbee7bf60001bcfa29/kate-mcshane">Analyst Kate McShane</a> reaffirmed a Buy rating and price target of $164.
After reporting upbeat holiday sales, Target raised its top-line guidance for the fourth quarter a comp of +1.5%, versus consensus of +0.2%, McShane said. Digital sales grew by nearly 9% year-on-year, "reflecting over 30% growth in same-day delivery through Target Circle 360," she added.
Management reiterated their earnings guidance for the fourth quarter and the full year, of $1.85-$2.45 per share and $8.30-$8.90 per share, respectively, the analyst stated. "TGT also announced leadership changes across its stores, technology and digital teams," she further wrote.
<h1 class="wp-block-heading">Telsey Advisory Group On Target</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e301e08430dee0001c88c8d/joseph-feldman">Analyst Joseph Feldman</a> reiterated an Outperform rating and price target of $150.
Target's better-than-anticipated holiday sales growth was driven by "success across key promotional periods, especially Black Friday and Cyber Monday," Feldman said.
"Importantly, discretionary sales meaningfully accelerated from 3Q24, particularly apparel and toys, and there was ongoing strength in frequency and beauty categories, partly offset by ongoing softness in home (also improved sequentially)," the analyst wrote. Although the earnings guidance range is wide, the company's performance may be "in the upper half of the guidance given the stronger sales and improvement in discretionary categories, which are higher margin," he further stated.
TGT Price Action: Shares of Target had declined by 0.38% to $132.79 at the time of publication on Friday.
Read More: • <a href="https://www.benzinga.com/25/01/43027043/target-posts-strong-holiday-sales-stock-surges">Target&#8217;s Holiday Sales Surge 2.8%: Digital Growth And Black Friday Wins Drive Results</a>
Photo: Shutterstock

Target Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) total sales grew by 2.8% over the last two months, with record-high sales during the holiday shopping season. Despite this, the retailer kept its EPS guidance unchanged. As this unfolds, the technical analysis of its moving averages is flashing a warning sign.
What Happened: Target&#8217;s customers could just be looking for &#8220;<a href="https://www.benzinga.com/news/earnings/earnings-beats/24/11/42106249/target-says-shoppers-wait-for-deals-a-day-after-rival-walmart-credits-market-gains-to-wealthy-households-tgt-edges-up-marginally-in-thursday-premarket">deals</a>&#8221; while shopping at the retailer&#8217;s store as pointed out by its chief commercial officer Rick Gomez during its third-quarter earnings call. 
Consumers "know there are deals to be found, they're willing to wait for sales and willing to search across multiple retailers,&#8221; said Gomez.
The company in its latest press release <a href="https://corporate.target.com/press/release/2025/01/target-corporation-provides-holiday-sales-update,-announces-leadership-team-changes">said</a> that discretionary sales accelerated during the holidays, especially in apparel and toys, with continued strength in beauty and high-frequency categories. Holiday sales grew 2.8% year-over-year with comparable sales up 2%. 
Additionally, Target guided a 1.5% Q4 comparable sales growth and maintains its EPS guidance of $1.85-$2.45 for Q4 and $8.30-$8.90 for the full year.
The technical analysis of the company&#8217;s daily moving averages indicates bearish trends for the stock. Thursday&#8217;s close of $133.25 apiece was below its short and long-term moving averages.
The eight and 20-day moving averages stood at $137.68 and $135.25, whereas, the 50-day average was at $137.70 according to Benzinga Pro data. The stock price was much below its 200-day simple moving average of $149.05, signaling a bearish trend.
The relative strength index of 43.64 meant that the stock was in a neutral zone and it was neither overbought nor oversold.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035804/Target-tech-chart-1024x576.png" alt="" class="wp-image-738429" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035804/Target-tech-chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035804/Target-tech-chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035804/Target-tech-chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035804/Target-tech-chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035804/Target-tech-chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also: <a href="https://www.benzinga.com/news/25/01/43012824/billionaire-investor-who-predicted-the-dot-com-crash-25-years-ago-warns-of-another-market-storm-brew">Billionaire Investor Who Predicted The Dot-Com Crash 25 Years Ago Warns Of Another Market Storm Brewing In The US </a>
Target vs Peers: During the third quarter, Target admitted to having higher sales only during promotional periods, whereas its peer, Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) CEO, Doug McMillon attributed 75% of their <a href="https://www.benzinga.com/news/earnings/earnings-beats/24/11/42106249/target-says-shoppers-wait-for-deals-a-day-after-rival-walmart-credits-market-gains-to-wealthy-households-tgt-edges-up-marginally-in-thursday-premarket">market share gains</a> to &#8220;households earning more than $100,000.&#8221; 
Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), another Target rival, reported a <a href="https://www.benzinga.com/markets/25/01/42902506/charlie-mungers-top-pick-costco-reports-strong-december-sales-analysts-expect-a-7-jump-in-january">strong sales</a> figure in December with a 9.9% jump to $27.52 billion in net sales for the five weeks ended Jan. 5, as compared to $25.03 billion last year.
Looking at their earnings, both of Target&#8217;s peers beat its sales and EPS estimates. In Q3, <a href="https://www.benzinga.com/pressreleases/24/11/b42058916/walmart-reports-strong-revenue-growth-of-5-5-with-operating-income-growing-faster-at-8-2">Walmart</a> posted earnings of $0.57 per share on the revenue of $169.59 billion. Whereas, <a href="https://www.benzinga.com/news/earnings/24/12/42473288/costco-q1-earnings-revenue-beat-eps-beat-comps-up-52-membership-fee-growth-and-more">Costco in Q1</a> reported earnings of $3.82 per share on revenue of $62.15 billion. On the other hand, Target in Q3 reported earnings of $1.85 per share on revenue of $25.67 billion, missing the street view.
Price Action: According to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, Walmart had a price-to-earnings ratio of 33.113, while Costco&#8217;s P/E stood at 51.020. Target on the other hand was the least expensive among these peers with a P/E of 14.130.
TGT&#8217;s stock was up only 1.25% in the past month. Over the last six months, it experienced a 14.54% decline, and last year, it fell by 3.96% over the year.
Target has a consensus price target of $160.61 a &#8216;hold&#8217; rating, according to the 31 analysts <a href="https://www.benzinga.com/quote/TGT/analyst-ratings">tracked by Benzinga</a>. The high target is $210, and the low is $108. Recent ratings by Stifel, Daiwa Capital, and Oppenheimer suggest a $146.67 target, implying a 1021% upside.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/TGT/analyst-ratings"><img loading="lazy" decoding="async" width="939" height="349" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035320/TGT-ANR.png" alt="" class="wp-image-738423" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035320/TGT-ANR.png 939w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035320/TGT-ANR-300x112.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17035320/TGT-ANR-768x285.png 768w" sizes="(max-width: 939px) 100vw, 939px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/25/01/43021065/cash-app-parent-block-inc-eyes-395-upside-bofa-believes-us-centric-re-acceleration-story-will-drive-the-stock">Jack Dorsey&#8217;s Block Eyes Over 39% Upside: BofA Says US-Centric Re-Acceleration Story Will Drive The Stock </a></li>
</ul>
Photo courtesy: Unsplash

Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) underwent analysis by 21 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">6</td>
<td align="right">13</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">11</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $147.05, along with a high estimate of $195.00 and a low estimate of $108.00. Observing a downward trend, the current average is 14.53% lower than the prior average price target of $172.05. 
<img src="https://www.benzinga.com/files/images/story/2025/1737115245_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Target. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$150.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$145.00</td>
<td>$137.00</td>
</tr>
<tr>
<td>Kahori Tamada</td>
<td>Daiwa Capital</td>
<td>Announces</td>
<td>Neutral</td>
<td>$130.00</td>
<td>-</td>
</tr>
<tr>
<td>Rupesh Parikh</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$165.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$137.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Robert Drbul</td>
<td>Guggenheim</td>
<td>Lowers</td>
<td>Buy</td>
<td>$145.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Oliver Chen</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$145.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$130.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Robert Ohmes</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$160.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Kelly Bania</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$120.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Christopher Horvers</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$139.00</td>
<td>$167.00</td>
</tr>
<tr>
<td>Peter Keith</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$130.00</td>
<td>$156.00</td>
</tr>
<tr>
<td>Bill Kirk</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$131.00</td>
<td>$157.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$150.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Edward Kelly</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$150.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Paul Trussell</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$108.00</td>
<td>$184.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$195.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$130.00</td>
<td>$188.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$195.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$165.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Dean Rosenblum</td>
<td>Bernstein</td>
<td>Announces</td>
<td>Market Perform</td>
<td>$168.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Target. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Target compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Target's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Target's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/TGT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Target analyst ratings.</a>
<h2>Get to Know Target Better</h2>
Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
<h3>Target: Delving into Financials</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Target's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2024, the company achieved a revenue growth rate of approximately 1.06%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Target's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 3.33%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Target's ROE stands out, surpassing industry averages. With an impressive ROE of 5.91%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Target's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.49%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.34, caution is advised due to increased financial risk.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Target Through 21 Analysts

Telsey Advisory Group analyst Joseph Feldman maintains Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) with a Outperform and maintains $150 price target.

Telsey Advisory Group Maintains Outperform on Target, Maintains $150 Price Target

JP Morgan analyst Christopher Horvers reiterated the Neutral rating on Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>).
The company reported a 2.8% increase in holiday sales during the&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/43027043/target-posts-strong-holiday-sales-stock-surges" rel="noreferrer noopener">November and December period.</a>
The company saw comparable sales rise 2% and solid sales during the Black Friday and <a target="_blank" href="https://www.benzinga.com/quote/TGT/analyst-ratings" rel="noreferrer noopener">Cyber Monday promotions</a>. The increase was fueled by a nearly 3% rise in traffic, positively impacting both in-store and online channels.
According to the analyst, the +2% growth suggests a weather shift from the third quarter and slight consumer improvement.
Horvers writes that the company explained that the +2% growth in November/December and the updated fourth quarter guide were due to the calendar shift, not a change in trends, and no updates were provided for January.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43031980/big-banks-continue-to-beat-q4-earnings-financial-etf-takes-breather" rel="noreferrer noopener">Big Banks Continue To Beat Q4 Earnings As Financial ETF Takes A Breather</a>
Additionally, the retailer&#8217;s strong apparel performance, despite excess inventory, raises hopes for better-than-expected margins, the analyst notes.
The holiday pre-announce was Target&#8217;s first since FY20 and served as a sales update, without changing its EPS guidance for the fourth quarter ($1.85 &#8211; $2.45) or FY24 ($8.30 &#8211; $8.90).
The lack of updated EPS guidance is seen as a sales update, with the existing range being broad. Given historical trends, the analyst sees the higher end of the EPS range is more likely.
The company highlighted strong performance in apparel, boosted by cold weather, and in toys, driven by more accessible prices.
However, it noted that not all discretionary categories saw growth, with electronics remaining flat.
Additionally, management pointed out that the third quarter was not as weak as initially thought due to weather, Horvers adds.
Price Action: TGT shares are trading lower by 1.19% to $132.93 at last check Thursday.
Read now:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43027744/retail-sales-slow-jobless-claims-rise-is-us-consumer-loosing-steam" target="_blank" rel="noreferrer noopener">Retail Sales Disappoint, Jobless Claims Rise: Is US Consumer Losing Steam?</a></li>
</ul>
Photo via Shutterstock.

Movers

General

Target's Apparel Performance Provides Optimism, Analyst Favors Top End Of EPS Outlook

Target Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) reported a 2.8% increase in holiday sales during the <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/n43023650/target-corporation-provides-holiday-sales-update-announces-leadership-team-changes" rel="noreferrer noopener">November and December period</a>.
The company saw comparable sales rise 2% and solid sales during the Black Friday and Cyber Monday promotions.
The increase was fueled by a nearly 3% rise in traffic, positively impacting both in-store and online channels.
Particularly notable was the nearly 9% growth in digital sales year-over-year, driven by strong results in same-day delivery and Target&#8217;s third-party marketplace, Target Plus.
The company also experienced significant growth in discretionary categories like apparel and toys, while maintaining solid performance in beauty and frequency categories.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/42945266/why-department-store-chain-macys-stocks-are-sliding-on-monday-premarket" rel="noreferrer noopener">Department Store Chain Macy&#8217;s Trims Outlook</a>
&#8220;Our team delivered continued traffic growth and better-than-expected holiday-season performance, thanks to their focus on serving guests with an inspiring, easy, and joyous shopping experience,&#8221; said&nbsp;Chair and CEO Brian Cornell.
Target also announced certain leadership changes, including the retirement of Mark Schindele, its executive vice president and chief stores officer. The company announced&nbsp;Adrienne Costanzo, senior vice president, store operations, as its next chief stores officer.
Looking ahead, Target forecasts approximately 1.5% growth in fourth-quarter comparable sales versus its prior outlook of approximately <a href="https://www.benzinga.com//node/42084061" target="_blank" rel="noreferrer noopener">flat comparable sales</a>. The company continues to expect Adjusted earnings per share of $1.85 to $2.45, with an estimate of $2.15.
The retailer reiterated its FY24 adjusted EPS outlook of <a target="_blank" href="https://www.benzinga.com/news/earnings/24/11/42085436/target-q3-earnings-supply-chain-chaos-hits-bottomline-slashes-annual-profit-outlook-stock-tanks" rel="noreferrer noopener">$8.30&nbsp;to&nbsp;$8.90 versus the estimate of $8.60</a>.
Price Action: TGT shares are trading lower by 1.26% at $132.84 in premarket at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/01/42897109/british-retail-giant-marks-spencer-warns-of-economic-challenges-despite-strong-sales-growth-in-food-and-retail" target="_blank" rel="noreferrer noopener">British Retail Giant Marks &amp; Spencer Warns Of Economic Challenges Despite Strong Sales Growth In Food And Retail</a></li>
</ul>
Photo via Shutterstock.

Guidance

Target's Holiday Sales Surge 2.8%: Digital Growth And Black Friday Wins Drive Results

Target Now Expects Growth Of 1.5% In Q4 Comparable Sales; Continues To Expect Adjusted EPS Of $1.85 - $2.45 For Q4 (Est $2.15) And  $8.30 - $8.90 For Full-Year (Est $8.60)

Sales were driven by a nearly 3 percent increase in traffic, representing gains across both stores and digital channels. December marked the company's eighth consecutive month of year-over-year traffic growth.

Target Says It Saw Meaningful Acceleration In Discretionary Categories During Holiday Timeframe Vs. Its Q3 Sales Trends

Target shares are trading higher following a rise in holiday comparable sales.

Target Total Sales Increase 2.8%, Comparable Sales Increase 2.0% And Digital Sales Up Nearly 9% During November And December Combined

Whales with a lot of money to spend have taken a noticeably bearish stance on Target.
Looking at options history for Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) we detected 34 trades.
If we consider the specifics of each trade, it is accurate to state that 29% of the investors opened trades with bullish expectations and 64% with bearish.
From the overall spotted trades, 14 are puts, for a total amount of $1,053,002 and 20, calls, for a total amount of $836,773.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $150.0 for Target over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Target options trades today is 1233.33 with a total volume of 7,597.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Target's big money trades within a strike price range of $100.0 to $150.0 over the last 30 days.
<h3>Target Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736875820_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$5.2</td>
<td>$4.95</td>
<td>$5.0</td>
<td>$100.00</td>
<td>$150.0K</td>
<td align="right">696</td>
<td align="right">300</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$14.75</td>
<td>$14.55</td>
<td>$14.75</td>
<td>$130.00</td>
<td>$147.5K</td>
<td align="right">347</td>
<td align="right">100</td>
</tr>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$19.45</td>
<td>$19.4</td>
<td>$19.45</td>
<td>$130.00</td>
<td>$116.7K</td>
<td align="right">296</td>
<td align="right">455</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$21.65</td>
<td>$21.6</td>
<td>$21.6</td>
<td>$150.00</td>
<td>$116.6K</td>
<td align="right">470</td>
<td align="right">2</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$21.65</td>
<td>$21.6</td>
<td>$21.6</td>
<td>$150.00</td>
<td>$79.9K</td>
<td align="right">470</td>
<td align="right">56</td>
</tr>
</tbody>
</table>

<h3>About Target</h3>
Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
Following our analysis of the options activities associated with Target, we pivot to a closer look at the company's own performance.
<h3>Target's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,381,995, with TGT's price down by -1.12%, positioned at $137.21.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 49 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
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Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Target options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Looking At Target's Recent Unusual Options Activity

Companies in California and across the United States are pitching in to help consumers dealing with <a href="https://www.benzinga.com/25/01/42899953/five-dead-in-los-angeles-wildfires-utilities-face-scrutiny">wildfires in the state.</a>
What Happened: Wildfires in California have forced thousands of people to be evacuated from their homes as wildfires led to power outages and damaged properties, marking one of the potentially highest costing events in state history for the insurance industry.
Companies are pitching in to help consumers by delaying payments, offering free services and providing necessities like places to stay and food.
Here's a look at a portion of the companies offering help:
SpaceX: The company is <a href="https://www.benzinga.com/general/space/25/01/42892886/spacex-ceo-elon-musk-offers-free-starlink-terminals-to-los-angeles-areas-affected-by-wildfires">providing free Starlink</a> terminals to areas near Los Angeles impacted by the wildfires, CEO Elon Musk announced Thursday. The tweet came with a local media reporter sharing that they were using Starlink to be able to provide live coverage with a lack of cell service in the area.
Sweetgreen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>): The restaurant chain's co-founder Nicholas Jammet <a href="https://www.linkedin.com/in/nicolas-jammet-5b9b878/?trk=public_post_embed_feed-actor-name">shared </a>a video on LinkedIn saying the company was hoping to provide food to as many people impacted by the wildfires as possible.
"We want to help, we want to feed as many people as possible," Jammet said in the video.
Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>): One Starbucks location was destroyed by fires in the area, Bloomberg <a href="https://www.bloomberg.com/news/live-blog/2025-01-08/palisades-fire-near-los-angeles-latest?srnd=homepage-americas&amp;sref=TBDibEcD">reported</a>. Another location handed out coffee and food to first responders to help in the efforts.
Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>): The retailer said is was fast-tracking critical supplies to stores near Los Angeles to help get necessary supplies to first responders and customers quicker.
Kroger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>): The retailer lost a location in the Palisades region from the fires. The retailer is also giving food and water to people in the fire-impacted areas.
Albertsons (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACI#NYSE">ACI</a>): The retailer is also giving food and water to first responders in the wildfire areas.
Lyft Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>): The ride-share company announced it was offering free and discounted rides to and from shelters for impacted California residents.
"Lyft is committed to providing access to reliable transportation, especially in emergencies to support communities in need," Lyft Social Impact Manager Celia Moreno <a href="https://www.lyft.com/blog/posts/help-for-those-impacted-by-wildfire-in-california">said</a>.
U-Haul (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHAL#NYSE">UHAL</a>): The moving and storage company is offering 30 days free storage at 92 facilities located in Southern California for those impacted by the wildfires.
"People are hurting and in need of help. U-Haul is part of these communities, and if we can help our neighbors in this process, we are going to do so," U-Haul area district vice president Chris Piedra <a href="https://www.uhaul.com/Articles/About/Ca-Wildfire-Assistance-U-Haul-Offers-30-Days-Free-Storage-AT-92-Centers-33115/">said</a>.
Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>): The technology giant is providing temporary relief for Apple Card users in the Los Angeles area, allowing people to postpone payments without interest, as <a href="https://x.com/markgurman/status/1877480784648397264?s=46">reported </a>by Bloomberg writer Mark Gurman. Apple CEO Tim Cook also announced the company will be donating to help in the wildfire efforts.
"Thank you to the incredible firefighters, first responders, and all those assisting for your heroic efforts. Apple will be donating to support the victims and recovery efforts on the ground," Cook <a href="https://x.com/tim_cook/status/1877176338651439162">tweeted</a>.
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): The electric vehicle company <a href="https://x.com/tesla_na/status/1877454782647980368">announced </a>it was forgiving Autopilot and FSD Supervised strikes to people in California to provide them with more options when evacuating the region.
Planet Fitness (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>): The gym chain is offering its locations to first responders and local residents in the impacted areas as a place to shower and charge devices through January 15, as <a href="https://www.cbsnews.com/amp/news/los-angeles-wildfires-pacific-palisades-planet-fitness-airbnb/">reported </a>by CBS News.
Airbnb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>): The house rental's Airbnb.org charitable arm is helping find free temporary housing for people who had to evacuate their homes.
Toyota (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>): The automotive company <a href="https://pressroom.toyota.com/toyota-supports-california-fires-relief-efforts/">announced </a>it would offer payment relief options to those impacted by the wildfires and is also matching donations from U.S. employees made to nonprofits like The American Red Cross.
AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>): The telecommunications company <a href="https://about.att.com/pages/disaster-recovery/california-fires">waived </a>overage charges and is offering unlimited talk, text and data through Feb. 6, 2025 to customers in the impacted areas.
T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>): The telecommunications company <a href="https://www.t-mobile.com/news/network/t-mobile-stands-prepared-as-wildfires-impact-southern-california">providing</a> free Wi-Fi and device charging at some retail stores in the area as well as Wi-Fi at command posts. The company is also offering unlimited talk, text and data to customers in the impacted area through Jan. 15.
DoorDash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>): The food delivery company <a href="https://about.doordash.com/en-us/news/los-angeles-wildfires-2025">offered </a>$150,000 in community credits to first responders and organizations on the ground in the impacted regions, allowing people helping with the efforts and displaced from their homes to get food and essential supplies quickly. The company is providing relief grants for local restaurants through the Restaurant Disaster Relief Fund. A total of $250,000 is also available through the Dasher Relief Fund for eligible drivers in the region impacted by the fire.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/25/01/42888380/los-angeles-fires-shut-down-production-of-tv-shows-fallout-abbott-elementary-hacks-film-premieres-canceled-critics-choice-awards-delayed">Los Angeles Fires Shut Down Production Of TV Shows &#8216;Fallout,&#8217; &#8216;Abbott Elementary,&#8217; &#8216;Hacks&#8217;; Film Premieres Canceled, Critics Choice Awards Delayed</a></li>
</ul>
Photo: Shutterstock

AAPL

ABNB

DASH

LYFT

PLNT

SBUX

TMUS

TSLA

UHAL

SpaceX, Apple, Airbnb And More Companies Pitch In To Support California Residents After Wildfires: 'We Want To Help'

The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) have reached a tentative deal on a new <a target="_blank" href="https://ilaunion.org/international-longshoremens-association-ila-and-united-states-maritime-alliance-usmx-announce-tentative-agreement-on-new-six-year-master-contract/" rel="noreferrer noopener">six-year Master Contrac</a>t.
Both parties agreed to extend the current contract until the union can consult with its full Wage Scale Committee and schedule a ratification vote, while USMX members ratify the finalized terms.
The six-year contract, which expired on September 30 last year, was extended until January 15 after a <a target="_blank" href="https://nrf.com/media-center/press-releases/nrf-praises-tentative-labor-deal-for-east-coast-gulf-coast-ports" rel="noreferrer noopener">three-day strike</a>.
"This agreement protects current ILA jobs and establishes a framework for implementing technologies that will create more jobs while modernizing East and Gulf coast ports – making them safer and more efficient, and creating the capacity they need to keep our supply chains strong,"&nbsp;the parties said in a joint statement.
This tentative agreement, once approved, will avoid a potential work stoppage set for January 15, 2025, according to a report from Reuters.
Both sides have hailed it as a mutually beneficial resolution that will not only help workers but also strengthen the American economy as a global marketplace leader.
"This is a win-win agreement that creates ILA jobs, supports American consumers and businesses, and keeps the American economy the key hub of the global marketplace."
The federation further remarked that securing a new contract and preventing further disruptions is crucial to ensuring that retail goods reach consumers on time.
Details of the contract will remain undisclosed for now as the ILA and USMX members review and give their nod for the terms of the agreement.
"We are pleased to see the ILA and USMX come to a final agreement on a new contract, as U.S. ports on the East and Gulf Coasts play a critical role in the retail supply chain," said the National Retail Federation in its statement.
In October, a three-day strike by the ILA led to a spike in shipping costs and cargo delays at 36 ports. Longshoremen resumed work after employers agreed to a 62% wage increase over the following six years.
Read Next:
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<li><a href="https://www.benzinga.com/25/01/42874054/grocery-giant-albertsons-q3-sales-grow-as-pharmacy-products-shine" target="_blank" rel="noreferrer noopener">Grocery Giant Albertsons Q3 Sales Grow As Pharmacy Products Shine; Boosts Annual Earnings Outlook</a></li>
</ul>
Photo via Shutterstock

AMKAF

US Port Union, Employers Clinch Deal In Time To Avoid Supply Chain Chaos

Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) said on Thursday that it is significantly expanding its wellness offerings, with plans to introduce over 2,000 new items across a variety of categories, including <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/n42893497/target-is-expanding-its-wellness-assortment-with-2-000-new-items-more-than-half-under-10" rel="noreferrer noopener">more than 600 exclusive products.</a>
This expansion reflects Target&#8217;s strategy&nbsp;of making wellness products more accessible and affordable, with over half of the new items priced under $10, the company said in a press release.
The company&#8217;s integrated approach spans multiple areas of wellness, from beauty and personal care to nutrition, food, and wellness technology, ensuring that consumers can curate a personalized wellness regimen.
Target&#8217;s new assortment includes emerging brands and exclusive partnerships.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/01/42894683/los-angeles-wildfires-stoke-investor-fears-edison-internationals-stock-ended-10-lower-on-wednesday-amid-concerns-over-possible-equipment-links-to-forest-fires" rel="noreferrer noopener">Los Angeles Wildfires Stoke Investor Fears: Edison International&#8217;s Stock Ended 10% Lower On Wednesday Amid Concerns Over Possible Equipment Links To Forest Fires</a>
In the beverage category, the retailer is introducing non-alcoholic beverages like BERO, a premium beer co-founded by actor Tom Holland. Target is also expanding its beauty and self-care offerings, with new haircare lines from Ashley Tisdale&#8216;s Being Frenshe and Blake Lively&#8216;s Blake Brown, as well as wellness gummies from Kourtney Kardashian Barker&#8216;s Lemme brand.
Additionally, Target is enhancing its men&#8217;s wellness selection with products from Dr. Squatch and Dwayne &#8220;The Rock&#8221; Johnson&#8216;s Papatui line, along with expanding its wellness technology category, introducing innovative items like SLF&#8217;s infrared red light therapy mask and Therabody&#8217;s SmartGoggles.
Target is also adding new activewear, loungewear, and sleepwear options to cater to growing wellness and self-care trends. The expanded wellness range will be available in 2025, allowing consumers to support their well-being while staying within their budget.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, TGT stock has lost over 3% in the past year. Investors can gain exposure to the stock via&nbsp;VanEck Retail ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTH#NASDAQ">RTH</a>).
Price Action: TGT shares closed lower by 0.74% to $138.22 on Wednesday.
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Photo courtesy: Shutterstock.

Merrill Lynch Retail HOLDRS Trust due 12/31/41

Target's Wellness Push: Over 50% Of New Items Priced Under $10

Investors with a lot of money to spend have taken a bullish stance on Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TGT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 23 uncommon options trades for Target.
This isn't normal.
The overall sentiment of these big-money traders is split between 73% bullish and 21%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $776,906, and 18 are calls, for a total amount of $1,302,879.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $80.0 to $200.0 for Target over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Target options trades today is 2124.9 with a total volume of 4,480.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Target's big money trades within a strike price range of $80.0 to $200.0 over the last 30 days.
<h3>Target Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736271924_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$19.55</td>
<td>$19.0</td>
<td>$19.0</td>
<td>$140.00</td>
<td>$475.0K</td>
<td>267</td>
<td>0</td>
</tr>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.07</td>
<td>$0.98</td>
<td>$1.35</td>
<td>$143.00</td>
<td>$135.0K</td>
<td>208</td>
<td>1.0K</td>
</tr>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$15.4</td>
<td>$15.2</td>
<td>$15.4</td>
<td>$130.00</td>
<td>$123.2K</td>
<td>3.4K</td>
<td>140</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.35</td>
<td>$1.24</td>
<td>$1.2</td>
<td>$136.00</td>
<td>$120.0K</td>
<td>308</td>
<td>218</td>
</tr>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$21.0</td>
<td>$19.8</td>
<td>$20.75</td>
<td>$155.00</td>
<td>$103.7K</td>
<td>739</td>
<td>50</td>
</tr>
</tbody>
</table>

<h3>About Target</h3>
Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
<h3>Current Position of Target</h3>
<ul>
<li>Currently trading with a volume of 1,496,787, the TGT's price is down by -0.33%, now at $138.84. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 56 days.</li>
</ul>
<h3>What The Experts Say On Target</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $145.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Stifel has decided to maintain their Hold rating on Target, which currently sits at a price target of $145. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Target, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Goldman Sachs analyst Kate McShane reiterated a <a target="_blank" href="https://www.benzinga.com/quote/BBWI/analyst-ratings" rel="noreferrer noopener">Buy rating </a>on the shares of Bath &amp; Body Works Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) with a price target of $52.00.
Bath &amp; Body Works recently wrapped up its annual Candle Day sale, which took place on December 7-8, 2024. The sale offered 3-wick candles at $9.95 each, maintaining a steady price point from the previous year, noted the analyst.
While this year&#8217;s event mirrored the setup of 2023, it lasted a bit longer than previous years, particularly 2021, which had no early access, said the analyst.
The promotion, according to the analyst, also differed in its approach, as all sales for this year were held both online and in stores, compared to a fully in-store experience in 2023.
The store allowed customers to purchase up to 24 candles during the event, consistent y/y, but up from previous limits of 15 to 18 in prior years.
The company, the analyst quipped, continued to offer various incentives to loyalty members, reflecting their significance in boosting customer retention. For instance, the loyalty program has been linked to over 80% of BBWI&#8217;s U.S. sales.
As of the third quarter of 2024, the company had around 38 million active loyalty members, the analyst noted. Additionally, the retailer&#8217;s app downloads peaked in December 2024, with BBWI surpassing Sephora in the number of downloads.
The analyst said BBWI&#8217;s app download trends suggest that the company&#8217;s loyalty program remains a strong driver of engagement and customer loyalty.
While free shipping was available on four out of five days during November and December 2024, it was only offered on two days in December 2023. This year, Cyber Monday fell in December, which may have contributed to the increased shipping offers, suggested the analyst.
According to the analyst&#8217;s survey, BBWI&#8217;s Net Promoter Score sequentially improved since March 2024.
The analyst notes that the stock remains undervalued, and there will be an upside potential when the company likely starts to post sustainable top-line growth over the next few quarters.
Price Action: BBWI shares are trading lower by 1.88% at $37.00 at the last check Monday.

BBWI

ULTA

Bath & Body Works Undervalued: Goldman Sachs Sees Upside Amid Strong Candle Day Performance

Investors with a lot of money to spend have taken a bearish stance on Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TGT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 23 uncommon options trades for Target.
This isn't normal.
The overall sentiment of these big-money traders is split between 39% bullish and 47%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $262,795, and 20 are calls, for a total amount of $1,069,297.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $175.0 for Target over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Target's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Target's whale trades within a strike price range from $100.0 to $175.0 in the last 30 days. 
<h3>Target 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1735926323_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TGT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$3.75</td>
<td>$3.55</td>
<td>$3.75</td>
<td>$100.00</td>
<td>$187.5K</td>
<td>662</td>
<td align="right">502</td>
</tr>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/03/25</td>
<td>$6.2</td>
<td>$6.2</td>
<td>$6.2</td>
<td>$130.00</td>
<td>$171.7K</td>
<td>636</td>
<td align="right">304</td>
</tr>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$9.15</td>
<td>$9.1</td>
<td>$9.15</td>
<td>$135.00</td>
<td>$82.3K</td>
<td>3.2K</td>
<td align="right">129</td>
</tr>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$26.1</td>
<td>$25.95</td>
<td>$26.1</td>
<td>$115.00</td>
<td>$73.0K</td>
<td>1.6K</td>
<td align="right">55</td>
</tr>
<tr>
<td>TGT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$16.1</td>
<td>$15.95</td>
<td>$16.1</td>
<td>$130.00</td>
<td>$70.8K</td>
<td>4.0K</td>
<td align="right">45</td>
</tr>
</tbody>
</table>

<h3>About Target</h3>
Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
After a thorough review of the options trading surrounding Target, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Target</h3>
<ul>
<li>With a trading volume of 1,457,448, the price of TGT is down by -0.22%, reaching $136.89.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 60 days from now.</li>
</ul>
<h3>What The Experts Say On Target</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $145.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Stifel continues to hold a Hold rating for Target, targeting a price of $145. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Target options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Target Unusual Options Activity

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Target (NYSE:<a href="https://investorplace.com/stock-quotes/tgt-stock-quote/">TGT</a>) just reported results for the second quarter of 2024.<ul><li>Target reported earnings per share of $2.57. This was above the analyst estimate for EPS of $2.19.</li><li>The company reported revenue of $25.45 billion.</li><li>This was 0.92% better than the analyst estimate for revenue of $25.22 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	
	The post <a href="https://investorplace.com/earning-results/2024/08/tgt-stock-earnings-target-for-q2-of-2024/">TGT Stock Earnings: Target Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TGT Stock Earnings: Target Beats EPS, Beats Revenue for Q2 2024

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