Target Corp is a leading retail company in the United States that offers a wide range of products including clothing, electronics, groceries, and household goods. Known for its commitment to providing a fun and accessible shopping experience, the company operates a vast network of stores across the country, along with an online platform that allows customers to shop conveniently from home. Target focuses on delivering high-quality merchandise at competitive prices, and it engages in various initiatives to enhance sustainability and community engagement. The company's blend of trendy design, value, and customer service has made it a popular destination for consumers of all demographics. Read More
Senate minority leader, Chuck Schumer (D-N.Y.), is not holding back in his criticism of President Donald Trump over rising consumer prices, placing blame squarely on the latter's tariff policies.
Investors have grown cautious of retail businesses in an environment marked by an uncertain tariff policy, high inflation, and unpredictable consumer behavior.
Telsey Advisory Group analyst Joseph Feldman reiterated the Outperform rating on Target Corporation (NYSE:TGT), lowering the price forecast from $145 to $130.
The 145% tariff on Chinese imports, imposed by President Donald Trump, has put Walmart and Target supplier's Huntar Company Inc.'s factory in China at risk of shutting down.
