TGT is trading at approximately $120.95 (5% down) in pre-market, reversing part of its recent rally as investors take profits following the company's Q1 2026 earnings report.

  • Target beat expectations with 6.7% sales growth and raised its full-year guidance, suggesting a strong underlying performance.
  • The price action is being characterized as a classic post-earnings digestion move following sharp gains leading into the print.