Target (NYSE:TGT) shares currently trade at $163.33, having surged 71.62% year-to-date. Analysts from 24/7 Wall St. project the stock could reach the $200 milestone by June 8, 2030, citing strong earnings acceleration and growth in its advertising and marketplace segments. This forecast implies a 22.5% gain from current levels, requiring a forward P/E of around 22x, which they believe is achievable if EPS continues to rise and turnaround efforts in merchandising categories compound.