Target is set to report Q4 earnings, with investor focus on new CEO Michael Fiddelke's turnaround plan and 2026 guidance. Analysts are weighing sales stabilization, margins, and competitive pressures amid soft discretionary demand. Wells Fargo raised its price target to $130, citing the upcoming investor day as important, while Bernstein raised its target but maintained an Underperform rating. The company is expanding its partnership with Levi's, bringing denim to over 1,000 stores by 2026.