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Truist Financial Sets New Price Target for Target Corporation (NYSE:TGT)

  • Truist Financial has set a new price target for Target Corporation (NYSE:TGT) at $83, indicating a potential downside from its current price.
  • Target announces the exclusive release of Taylor Swift’s 12th studio album, “The Life of a Showgirl,” potentially boosting its stock performance.
  • The stock shows slight volatility with a year’s high of $161.50 and a low of $86.30, and a current slight increase in its trading price.

On October 2, 2025, Truist Financial set a new price target for Target Corporation (NYSE:TGT) at $83. At the time, TGT was priced at $89.14, showing a price difference of about -6.89% from the target. Target, a major retail company, is known for its wide range of products, including exclusive merchandise. It competes with other retail giants like Walmart and Amazon.

Target recently announced the release of Taylor Swift’s 12th studio album, “The Life of a Showgirl,” on October 3. This release includes exclusive vinyl and CD editions available only at Target. As the first retailer to offer these editions, Target will host midnight releases at 500 stores nationwide, as highlighted by Cassandra Jones, Target’s Senior Vice President of Merchandising for Fun101.

The stock for Target, trading under the symbol TGT, is currently priced at $89.35, showing a slight increase of 0.21, or 0.24%. Today’s trading has seen a low of $88.18 and a high of $90.24. Over the past year, TGT has reached a high of $161.50 and a low of $86.30, indicating significant volatility in its stock price.

Target Corporation has a market capitalization of approximately $40.6 billion, with a trading volume of 1,520,205 shares. This reflects the company’s substantial presence in the retail market. Despite the recent price target set by Truist Financial, Target’s exclusive album release could potentially influence its stock performance positively.

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