$Target(TGT)$ has emerged as a notable retail turnaround investment in 2026, with shares appreciating by more than 70% year-to-date to reach $161.45. The company currently offers a 2.87% dividend yield and trades at a valuation of 16.8x P/E. Third-quarter earnings are scheduled for release on Wednesday, November 18, prior to the market open.A key consideration for the upcoming report is that the stock price is approaching the average Wall Street price target range of $163–$165. As the previous quarter’s significant EPS beat of $4.11 included a one-time $994 million tariff refund, analysts are now seeking evidence of sustainable organic margin improvement. The current consensus estimates EPS between $2.06 and $2.08, with revenue projected at $26.45 billion.From a technical perspective, the stock maintains a strong upward channel. On Friday, the price declined to $159.27 in the morning session, but buyers supported the $160 level throughout the day, resulting in a close near the session high at $161.45.
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