Analysis: Target Corporation

US:TGT

Why is Target Corporation stock rising?

  • Launch of Target Beauty Studio in more than 600 stores beginning next month
  • Raised FY2026 net sales growth guidance to around 5%
  • Plan to open 30 new stores in 2026, with a long-term path to 300 stores by 2035
  • Houston receive center expected to process about 25 million cartons annually
  • Q3 home category resets in bedding, kids' home, and bath

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