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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.
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Read Full ArticleArticle published on April 16, 2025 by benzinga