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Target Enters New 364-Day Credit Agreement

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Target Enters New 364-Day Credit Agreement

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An announcement from Target ( (TGT) ) is now available.

On October 9, 2025, Target Corporation entered into a new 364-Day Credit Agreement with several banks, replacing its previous agreement. This new agreement allows for loans up to $1.0 billion, with a potential increase of $500 million, and includes terms related to interest rates, covenants, and default conditions, impacting Target’s financial operations and flexibility.

The most recent analyst rating on (TGT) stock is a Hold with a $103.00 price target. To see the full list of analyst forecasts on Target stock, see the TGT Stock Forecast page.

Spark’s Take on TGT Stock

According to Spark, TipRanks’ AI Analyst, TGT is a Outperform.

Target’s overall stock score reflects solid financial performance and attractive valuation, despite technical challenges and revenue growth concerns. Strategic initiatives in digital growth and operational improvements provide a positive outlook, though caution is warranted due to ongoing economic uncertainties.

To see Spark’s full report on TGT stock, click here.

More about Target

Target Corporation operates in the retail industry, offering a wide range of products including household essentials, apparel, and electronics, with a focus on providing value to its customers through competitive pricing and a strong supply chain.

Average Trading Volume: 7,494,860

Technical Sentiment Signal: Sell

Current Market Cap: $40.56B

For a thorough assessment of TGT stock, go to TipRanks’ Stock Analysis page.

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