TGT upgraded to Buy by HSBC analyst Joe Thomas with a $190 price target, up 52% from $125, as the retailer gains momentum on improved comparable store sales and inventory management. Current consensus rating remains Sell despite the upgrade.
TGT HSBC Upgrades to Buy, Raises PT to $190 from $125.
TGT upgraded to Buy by HSBC analyst Joe Thomas with a $190 price target, up 52% from $125, as the retailer gains momentum on improved comparable store sales and inventory management. Current consensus rating remains Sell despite the upgrade.
Key data as of 8 Nov 2026
TGT HSBC Upgrades to Buy, Raises PT to $190 from $125.
TGT cost to borrow surges 192% over one week to 0.42%, though availability remains exceptionally loose at 3,174% of short interest.
TGT short interest surges 24% in one week to 4.2% of free float, marking fastest climb since June. Stock down 6.7% over same period as short sellers pile in amid consumer spending concerns.
TGT heads into its August 18 print with one data point that has changed materially since Tuesday's note: options traders have turned notably more defensive. The put/call ratio jumped to 1.00 on August 14 — more than…
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