TARGET CORP — Director's Dealing 2006

May 18, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2006-05-16

Reporting Person: Baer Timothy R (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-16	Common Stock, $.0833 per share	I	2513.7164	$49.3300	Acquired	5773.3494	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.0833 per share	200.0000	Direct

Footnotes

F1: Based in part on the plan statement as March 31, 2006.