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Target stock slapped with another Wall Street downgrade as shopper slump worries rise

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finance.yahoo.com/news/target-stock-slapped-with-another-wall-street-downgrade-as-shopper-slump-worries-rise-113127545.html

Target's stock (TGT) is likely to miss the mark in the near term, another top Wall Street firm warned on Friday.
"Considering the competitive landscape, we believe Walmart is likely to continue gaining market share (including from Target), and Target's high exposure to discretionary sales (55% of sales) will not serve them well in the current macro backdrop (which became more…

This story from finance.yahoo.com was posted on 2023-06-09 by @petalstorm.

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