Why Target (TGT) Stock Is Up Today

Target Corporation (TGT) is up 4.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears to be driven more by a favorable macro backdrop than by fresh company-specific news. Cooling U.S. inflation data this week improved sentiment toward consumer and retail names, while investors are still reacting to Target’s stronger first-quarter results and higher 2026 sales outlook from May. ([bls.gov](https://www.bls.gov/news.release/archives/cpi_07142026.htm?utm_source=openai))

Details:

Target shares were recently trading around $139.47, up about 4.08% intraday, after opening near $134.22.

On May 20, Target said first-quarter net sales rose 6.7%, comparable sales increased 5.6%, and digital comparable sales grew 8.9%. ([corporate.target.com](https://corporate.target.com/press/release/2026/05/target-corporation-reports-first-quarter-earnings))

Management also lifted its 2026 net sales growth outlook to around 4%, which was two percentage points above its prior range, and kept EPS expectations near the high end of prior guidance. ([corporate.target.com](https://corporate.target.com/press/release/2026/05/target-corporation-reports-first-quarter-earnings))

There does not appear to be a new Target press release on July 15, so today’s gain could be because softer CPI and PPI readings reduced interest-rate pressure and supported discretionary retail stocks. ([corporate.target.com](https://corporate.target.com/investors))

Sources:

Target Investor Relations, U.S. Bureau of Labor Statistics, OpenAI Finance Data

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TGT Insider Trading Activity

$TGT insiders have traded $TGT stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $TGT stock by insiders over the last 6 months:

BRIAN C CORNELL (Executive Officer) has made 0 purchases and 2 sales selling 50,000 shares for an estimated $6,492,622.
CARA A SYLVESTER (Executive Officer) sold 10,000 shares for an estimated $1,258,905
LISA R ROATH (Executive Officer) sold 7,000 shares for an estimated $966,490
MATTHEW A LIEGEL (Chief Accounting Officer) sold 2,053 shares for an estimated $240,593

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TGT Hedge Fund Activity

We have seen 837 institutional investors add shares of $TGT stock to their portfolio, and 747 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CURATED WEALTH PARTNERS LLC added 4,115,219 shares (+inf%) to their portfolio in Q2 2026, for an estimated $537,488,753
BLACKROCK, INC. added 3,138,056 shares (+9.0%) to their portfolio in Q1 2026, for an estimated $375,844,967
FMR LLC added 3,105,274 shares (+18.5%) to their portfolio in Q1 2026, for an estimated $371,918,666
FRANKLIN RESOURCES INC removed 3,099,531 shares (-50.0%) from their portfolio in Q1 2026, for an estimated $371,230,827
CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 3,057,726 shares (-17.9%) from their portfolio in Q1 2026, for an estimated $366,223,843
TOMS CAPITAL INVESTMENT MANAGEMENT LP removed 2,635,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $315,593,950
BALYASNY ASSET MANAGEMENT L.P. added 2,525,279 shares (+2995.2%) to their portfolio in Q1 2026, for an estimated $302,452,665

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TGT Analyst Ratings

Wall Street analysts have issued reports on $TGT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Wolfe Research issued a "Outperform" rating on 06/23/2026

To track analyst ratings and price targets for $TGT, check out Quiver Quantitative's $TGT forecast page.

$TGT Price Targets

Multiple analysts have issued price targets for $TGT recently. We have seen 23 analysts offer price targets for $TGT in the last 6 months, with a median target of $130.0.

Here are some recent targets:

Corey Tarlowe from Jefferies set a target price of $161.0 on 06/26/2026
John Heinbockel from Guggenheim set a target price of $145.0 on 06/12/2026
Joseph Feldman from Telsey Advisory Group set a target price of $150.0 on 05/21/2026
Michael Baker from DA Davidson set a target price of $155.0 on 05/21/2026
Scot Ciccarelli from Truist Securities set a target price of $130.0 on 05/21/2026
Kate McShane from Goldman Sachs set a target price of $127.0 on 05/21/2026
Steven Shemesh from RBC Capital set a target price of $153.0 on 05/21/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.