Is Target Corporation (TGT) One of Billionaire Ken Fisher's 10 Consumer Stock Picks with the Highest Upside Potential?

Fisher Asset Management holds $1,896,414 worth of Target Corporation (NYSE:TGT) shares, helping it secure a place on our list of billionaire Ken Fisher’s 10 consumer stock picks with the highest upside potential.

On October 2, 2025, Truist Securities reduced its price target on Target Corporation (NYSE:TGT) to $83 from $102, keeping a “Hold” rating.

The investment firm’s reduced target on Target Corporation (NYSE:TGT) reflects continued operational missteps that have hampered the company’s brand image and consumer engagement. Furthermore, issues in merchandising and marketing have negatively impacted store traffic and competitive positioning, Truist Securities noted.

Looking ahead, the investment firm believes that addressing these challenges will demand significant investment. It notes that a 1% price adjustment and higher SG&A spending could result in a $1.5 billion decline in operating income, or about 150 basis points of margin. While Target Corporation (NYSE:TGT)’s short-term earnings may be negatively impacted by these actions, the firm believes that comparable sales momentum could be revived in the longer term.

Target Corporation (NYSE:TGT), a U.S. general merchandise retailer, offers apparel, accessories, beauty products, food, and home essentials. It is included in Ken Fisher’s Stock Portfolio.

While we acknowledge the potential of TGT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.