Target Corporation (NYSE:TGT) reported on Tuesday mixed fourth-quarter earnings, with earnings beating the estimates and sales missing them.
The company also unveiled a sweeping investment plan for 2026.
Following this, several analysts upgraded the rating or revised the price forecast for the company.
• Target stock is trading at elevated levels. Where are TGT shares going?
Earnings Snapshot
The company reported fourth-quarter adjusted earnings per share of $2.44, beating the consensus of $2.15, while sales of $30.453 billion (down 1.5% year-over-year) missed the Street view of $30.512 billion.
The firm is looking for 2026 adjusted EPS of $7.50-$8.50, versus an analyst estimate of $7.68 and sales of $106.876 billion, versus the analyst estimate of $106.672 billion.
Expansion, Remodels and AI Take Center Stage
Target plans to …