Target Corporation (NYSE:TGT) Prepares for Its Largest Target Circle Week

Summary
Target Corporation (NYSE:TGT) Prepares for Its Largest Target Circle Week
Target Corporation (NYSE:TGT) announces its largest Target Circle Week with discounts starting at 40% on essentials, fall fashion, and early holiday gifts. Wolfe Research downgrades Target to "Underperform" due to the need for significant reinvestment, impacting financial performance. Despite a recent downgrade, Target's stock shows a slight increase, with a current price of $87.50, indicating resilience in the market.
Target Corporation (NYSE:TGT) is gearing up for its largest Target Circle Week, set for October 5-11. This event promises significant savings on a variety of products, including essentials, fall fashion, and early holiday gifts. Discounts will start at 40% off, featuring top brands like Apple and GE. Target Circle members will enjoy exclusive benefits, including early access to deals.
Despite the excitement surrounding Target Circle Week, Wolfe Research recently downgraded Target to an "Underperform" rating on September 17, 2025. At that time, the stock was priced at $88.93. Wolfe Research pointed out the need for significant reinvestment in the company, which may impact its financial performance.
Currently, Target's stock is priced at $87.50, showing a slight increase of $0.94, or 1.09%, for the day. The stock has fluctuated between a low of $86.73 and a high of $87.88. Over the past year, it has seen a high of $161.50 and a low of $86.30, indicating some volatility in its performance.
Target's market capitalization is approximately $39.76 billion, with a trading volume of 3,766,821 shares. This reflects the company's substantial presence in the retail market. Despite the recent downgrade, Target's upcoming Circle Week aims to boost sales and enhance customer loyalty through exclusive deals and experiences.
Target operates nearly 2,000 stores nationwide and offers convenient shopping options like free Order Pickup, Drive Up, and fast delivery services. The company's commitment to community support is evident in its donation of 5% of profits, amounting to millions weekly. As Target Circle Week approaches, the company hopes to attract more customers and strengthen its market position.