TARGET CORP — Director's Dealing 2007

Jan 12, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2007-01-10

Reporting Person: SANGER STEPHEN W (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-10	Stock Option	$58.1300	A	6021	Acquired	2017-01-10	Common Stock (6021.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.0833 per share	22970.0000	Direct

Footnotes

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