TARGET CORP — Director's Dealing 2007

Mar 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2007-03-13

Reporting Person: TRUJILLO SOLOMON D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-13	Common Stock, $.0833 per share	M	9292	$10.7657	Acquired	34986.0000	Direct
2007-03-13	Common Stock, $.0833 per share	S	1665	$60.4640	Disposed	33321.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-13	Stock Option	$10.7657	M	9292	Disposed	2007-04-09	Common Stock (9292.0000)	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 Director Stock Option Plan of 1995 in a transaction exempt under Rule 16b-3.