Target Stock: Next Stop, $166?

Target stock has surged 53% year-to-date, surprising investors after three years of declining sales. New CEO Michael Fiddelke's turnaround plan is showing early success with 6.7% net sales growth in Q1 and a doubled full-year growth target to 4%. Multiple analysts have raised price targets, with UBS setting a Street-high of $166, representing 14% upside. The company's fiscal Q2 results next week will be critical to confirm momentum.