Mizuho Raises Target Price for Retailer Target

Wall Street firm boosts price target for Target stock to $100 per share.

Published on Mar. 2, 2026

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Analysts at Mizuho have increased their price target for shares of retail giant Target Corporation (NYSE: TGT) from $88 to $100 per share, while maintaining a "neutral" rating on the stock. The new $100 price target suggests a potential downside of 12.05% from Target's previous closing price.

Why it matters

Target is one of the largest general merchandise retailers in the United States, operating over 1,900 stores nationwide. Mizuho's price target increase reflects Wall Street's ongoing assessment of Target's performance and growth potential amid a competitive retail landscape.

The details

In a research report, Mizuho cited Target's strong market position and growth initiatives as factors behind the price target increase. The firm currently has a "neutral" rating on Target stock, suggesting the shares may be fairly valued at the new $100 price target.

  • Mizuho issued the updated price target and research report on Monday, March 2, 2026.

The players

Mizuho

A global financial services group and one of the largest investment banks in Japan.

Target Corporation

A major American retail corporation that operates a chain of large discount department stores and small-format stores.

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The takeaway

Mizuho's price target increase for Target reflects Wall Street's ongoing assessment of the retailer's performance and growth potential in a competitive industry. The new $100 price target suggests the stock may be fairly valued at current levels, though some analysts see further upside for the shares.