Where Will Target Stock Be in 1 Year?
Target (NYSE: TGT) has had its share of struggles since the 2021 bull market ended. Supply chain woes caused issues with high inventories that the company failed to fully resolve. Moreover, the steps to enter and later exit the political arena alienated both right-leaning and left-leaning customers.
To that end, sales have continued to fall, and investors didn't react well to the company's choice of Michael Fiddelke as its incoming CEO. Consequently, the stock has fallen by more than 25% over the last year alone.
What can Target shares do over the next year? Is 2026 the year when a turnaround finally begins, or will the retailer's woes continue? Let's take a closer look.
Source Fool.com
Target Corp. Stock
€104.80
-0.380%
Currently there is a rather positive sentiment for Target Corp. with 27 Buy predictions and 11 Sell predictions.
On the other hand, the target price of 98 € is below the current price of 104.8 € for Target Corp., so the potential is actually -6.49%.
