What did Morgan Stanley, RBC and KeyBanc do on March 4, 2026 for Target?

On March 4, 2026 Morgan Stanley maintained **Overweight** and raised its target to **$145**, RBC Capital maintained **Outperform** and raised its target to **$130**, and KeyBanc maintained **Sector Weight** while noting leadership changes.

How should I interpret the TGT analyst rating changes?

Maintained ratings with higher price targets suggest analysts expect gradual improvement but not an immediate catalyst. Use the TGT analyst rating as one input along with earnings, margins, and management guidance.

Do price target raises mean I should buy Target stock now?

Price target raises show analyst optimism but are not guarantees. Compare the TGT analyst rating and targets to your time horizon, risk tolerance, and other research before making a trade.

Where can I read the analyst notes referenced in this article?

See the Morgan Stanley and RBC Capital summaries on StreetInsider linked in the article and check our [Meyka TGT page](https://meyka.ai/stocks/TGT) for real-time analyst tracking and grades.

Analyst Ratings

Morgan Stanley Maintains Overweight on Target Corporation (TGT) March 2026

ByDanny Kontos March 5, 2026March 5, 2026

On March 4, 2026 Morgan Stanley maintained Overweight on Target Corporation (TGT) and raised the price target to $145. The TGT analyst rating news from March 4, 2026 also included RBC Capital maintaining Outperform with a $130 target and KeyBanc keeping Sector Weight while noting a leadership shift under CEO Michael Fiddelke.