Ulta Beauty and Target Announce Plans to Conclude Partnership in 2026

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BofA Securities Downgrades Target (TGT) to Underperform

August 15, 2025 6:05 AM UTC

(Updated - August 15, 2025 6:12 AM EDT)

BofA Securities analyst Robert Ohmes downgraded Target (NYSE: TGT) from Neutral to Underperform with a price target of $93.00 (from $105.00).

The analyst comments "We downgrade TGT to Underperform (from Neutral) and lower our PO to... More

Mizuho on Target (TGT): 'Beauty Begins the Re-Positioning'

August 14, 2025 10:11 AM UTC

Mizuho analyst David Belinger reiterated a Neutral rating and $88.00 price target on Target (NYSE: TGT).

The analyst comments "Target (TGT) and Ulta (ULTA) are officially winding down their multi-year shop-in-shop relationship. This includes co-located selling space at 600+ Target stores, which are... More