TARGET CORP — Director's Dealing 2005

Mar 10, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2005-03-08

Reporting Person: SANGER STEPHEN W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-08	Common Stock, $.0833 per share	M	7056	$7.0886	Acquired	16071.0000	Direct
2005-03-08	Common Stock, $.0833 per share	F	957	$52.2500	Disposed	15114.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-08	Stock Option	$7.0886	M	7056	Disposed	2006-04-10	Common Stock (7056.0000)	Direct

Footnotes

F1: Option granted under the Target Corporation Long-Term Incentive Plan of 1981 in a transaction exempt under Rule 16b-3.