With an annual dividend yield of 3.63%, Target Corporation (NYSE:TGT) is included among the 10 High Yield Stocks for Lasting Retirement Income.
Ken Wolter / On May 22, Roth Capital raised its price recommendation on Target Corporation (NYSE:TGT) to $114 from $88
It reiterated a Neutral rating on the shares. The company posted a strong first-quarter comparable sales and earnings beat and also raised its FY26 guidance. The analyst noted that two key concerns still remain.
One is that SG&A expenses continue to grow faster than the upside in revenue. The other is the possibility that Q1 represented a “Goldilocks” quarter, helped by the easiest comparisons and a favorable environment for discretionary spending. Roth added that Target’s performance could slow in the coming quarters as comparisons become tougher and fuel prices rise.