Gordon Haskett Reiterates Buy on Target (TGT), Sees Turnaround Gaining Credibility

Gordon Haskett Reiterates Buy on Target (TGT), Sees Turnaround Gaining Credibility Vardah Gill Thu, June 18, 2026 at 1:00 AM GMT+2 2 min read TGT With a free cash flow yield of 5. 01%, Target Corporation (NYSE: TGT ) is included among the 12 Stocks From Companies Generating High Cash Flow . Gordon Haskett Reiterates Buy on Target (TGT), Sees Turnaround Gaining Credibility Ken Wolter / Shutterstock.

com On June 11, Gordon Haskett maintained its Buy rating on Target Corporation (NYSE:TGT) and kept its $160 price target. Following a meeting with senior leadership, the firm said Target’s turnaround efforts appear increasingly credible. Analysts pointed to the company’s renewed focus on its “Expect More” value proposition, operational changes already underway, and improving fundamentals supported by easier comparisons and planned assortment enhancements.

Gordon Haskett also noted similarities between Target’s progress and other successful retail turnaround stories. On June 12, Guggenheim raised its price recommendation on TGT to $145 from $140. It reiterated a Buy rating on the shares.

The update followed a management meeting with CEO Michael Fiddelke and CFO Jim Lee, which focused on improving execution of a clear go-to-market strategy centered on “specialization at scale. ” The analyst noted that Target’s 35% year-to-date rally “suggests the easy money has been made,” though continued operational progress could help attract longer-term investors. Target Corporation (NYSE:TGT) is a general merchandise retailer that sells products through its stores and digital channels.

The company offers its customers, referred to as guests, a range of differentiated merchandise and everyday essentials at discounted prices. While we acknowledge the potential of TGT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock .

READ NEXT:  Top 10 Income Stocks with the Highest Upside Potential  and  12 Stocks with Highest Dividend to Invest In Now Disclosure: None. Follow Insider Monkey on Google News .