DA Davidson reiterates Buy on Target stock, cites margin beat
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends move higher on concerns over Strait of Hormuz; more supply coming? U.S. stock futures fall sharply as Middle East conflict widens; Target impresses Gold hands back some gains as stronger dollar weighs; Iran conflict in spotlight Goldman lifts European natural gas outlook as prices soar 31% amid Iran conflict FLASH SALE (South Africa Philippines Nigeria) FLASH SALE DA Davidson reiterates Buy on Target stock, cites margin beat By Analyst Ratings Published 03/03/2026, 08:28 AM DA Davidson reiterates Buy on Target stock, cites margin beat 0 TGT -0.54% Investing.com - DA Davidson reiterated a Buy rating and $120.00 price target on Target Corp. (NYSE:TGT) following the retailer’s fourth-quarter fiscal 2025 results. The firm characterized Target ’s fourth-quarter results as mixed, with earnings beating consensus due to stronger-than-expected gross margins while comparable sales trends met expectations. Comparable sales remained negative but improved on a two-year basis, and sales growth turned positive in February. The stock has shown momentum with a 25% gain over the past six months, trading at $113.17 with a market cap of $51.24 billion. Target’s fiscal 2026 guidance showed sales slightly above consensus expectations, though comparable sales guidance came in slightly below. The company projected margins higher than consensus while earnings per share guidance bracketed consensus estimates. The first-quarter fiscal 2026 outlook came in lower than expected, which implies stronger performance for the remainder of the year. DA Davidson noted the results were positive overall for a stock trading at a low multiple with low expectations. Target currently trades at a P/E ratio of 13.7, and according to InvestingPro analysis, the stock appears undervalued with a Fair Value of $120.29—closely aligned with DA Davidson’s target. InvestingPro offers 9 additional ProTips for Target, along with comprehensive Pro Resea...
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