The retailer joins a growing group of companies dropping commitments and policies on diversity and equity as President Trump fights the programs.
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Scotiabank (TSX:BNS) analyst Nat Schindler updated the price target for Amazon.com (NASDAQ:AMZN) to $306.00, a significant increase from the previous $246.00. Currently trading at $235.42, Amazon has demonstrated remarkable strength with a 50% return over the past year.
Target faces macro and cyclical headwinds, with consumer discretionary spending and macro sentiment likely driving the stock lower. Learn more on TGT stock here.
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Fallout following Target rolling back DEI goals
Target's decision to end its DEI program has sparked plenty of reaction, including Minneapolis City Council member asking shoppers to boycott the retailer.
If the company can achieve its 2029 plan value, it can deliver even higher total returns from today's share price. For example, an investor who buys about $1,000 worth of Brookfield Corporation stock at the current share price could see that investment grow to over $2,900 by 2029 if it hits its growth and valuation target of $176 per share.
Diversity, equity and inclusion polices are retreating nationwide, from the federal government to corporations around the country. President Donald Trump immediately upon taking office began rooting out diversity,
Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores. Customers, accustomed to taking whatever they want off a shelf, don’t like to push a button on the display case and impatiently wait for an employee to come open it so they can
Key stocks in the Dow Jones Industrial Average (DJIA), including McDonald’s, JPMorgan, and Goldman Sachs. Analyze ratings, profitability,..
Wedbush raised the firm’s price target on Amazon.com (AMZN) to $280 from $260 and keeps an Outperform rating on the shares ahead of the Q4