TGTbenzinga

Target Under Pressure From Discretionary Spend Slowdown, Mounting Inventory Risk, Goldman Sachs Downgrades Stock

Summary

Target Corp (NYSE:TGT) faces a downgraded outlook as Goldman Sachs cuts its rating to Neutral and slashes the price target to $101. Slowing discretionary spending, tariff risks, and weak consumer sentiment data signal downside risks to FY25 earnings.

Original Article

Read the full article from the original source for complete details and context.

Read Full Article

Article published on April 16, 2025 by benzinga