TARGET CORP — Director's Dealing 2007

Jun 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2007-06-13

Reporting Person: TRUJILLO SOLOMON D (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-13	Stock Option	$63.08	A	5549	Acquired	2017-06-13	Common Stock (5549)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	33324	Direct

Footnotes

F1: Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing that have been reinvested in additional restricted stock units.

F2: Option granted under the Target Corporation Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.