Target Stock Is Near a 52-Week High and Wall Street Is Raising the Bar

Target Stock Is Near a 52-Week High and Wall Street Is Raising the Bar Sushree Mohanty Mon, August 17, 2026 at 11:26 AM EDT 5 min read TGT Target Corp logo sign- by jetcityimage via iStock Target Corporation (TGT), a large U.S. retailer, is heading into its second-quarter earnings with strong momentum. TGT stock is up 56% year-to-date (YTD), touching a new 52-week high of $156.47 on Aug. 13. More importantly, Wall Street has high hopes that the company will beat estimates and has already started to price in that possibility. Many analysts have raised the target price for Target's stock. Let's find out what analysts are expecting from Target this quarter. More News from Barchart Home Depot CEO Takes Medical Leave. What This Means for HD Stock Ahead of Earnings. Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! www.barchart.com Wall Street Is No Longer Waiting for the Turnaround to Prove Itself Analysts have been raising Target's price target before its Q2 earnings report on Aug. 19, believing its turnaround story is gaining momentum. Jefferies initiated coverage with a "Buy" rating and a $177 price target, which is the highest price estimate now, implying a 16% upside from current levels. Telsey Advisory has raised the price target to $170 while maintaining a "Buy" rating. Piper Sandler has lifted its target to $146 from $127, although it retained a "Hold" rating. Truist also moved its target to $147 from $130. RBC Capita…