Target Faces Analyst Downgrades Amid Financial Struggles

Reported about 14 hours ago

Target Corp. is experiencing its lowest analyst ratings since 2018 following disappointing earnings and a challenging economic climate. Major investment firms have downgraded their recommendations amidst concerns over declining consumer spending and tariffs. Target's shares have plummeted about 30% this year, significantly impacting its market capitalization. Analysts express uncertainty about the company's growth prospects, highlighting increased competition and the backlash against its diversity initiatives.

Source: YAHOO

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