Guggenheim Raises Target PT to $125; Competitors Set $80–$110 Range
Guggenheim raised Target’s price target to $125 from $110 and retained its Buy rating based on a projected fiscal Q1 same-store sales gain to 0–1% versus a negative 7.5% two-year compare. Citi raised its target to $110 from $89 with a Neutral rating, while Bernstein maintained a Sell at $80.
1. Analyst Price Target Updates
Guggenheim raised its price target to $125 from $110 and maintained a Buy rating. Citi lifted its target to $110 from $89 with a Neutral rating, while Bernstein reiterated a Sell rating at $80.
2. Forecast Drivers
The Buy rating reflects an above-consensus 2026 EPS forecast and an expected fiscal Q1 same-store sales inflection to 0–1% versus a negative 7.5% two-year compare.
3. Leadership Changes and Guidance
Target announced executive leadership changes under its new CEO aimed at accelerating growth and confirmed fiscal Q4 2025 sales and full-year EPS will align with prior guidance.