Target Corp is a leading retail company in the United States that offers a wide range of products including clothing, electronics, groceries, and household goods. Known for its commitment to providing a fun and accessible shopping experience, the company operates a vast network of stores across the country, along with an online platform that allows customers to shop conveniently from home. Target focuses on delivering high-quality merchandise at competitive prices, and it engages in various initiatives to enhance sustainability and community engagement. The company's blend of trendy design, value, and customer service has made it a popular destination for consumers of all demographics. Read More
Market volatility and weak Treasury auction suggest slowing consumer spending. Retail ETFs like RTH, ONLN, and IBUY are adapting to this shift in demand.
Shares of general merchandise retailer Target (NYSE:TGT) fell 5% in the morning session after the company reported weak first-quarter 2025 results with sales and earnings falling below Wall Street expectations.
U.S. equities trading was mixed on Wednesday, with major indices showing limited movement by midday as investors remained cautious amid renewed concerns over fiscal policy, which pressured Treasury bonds and the dollar.
General merchandise retailer Target (NYSE:TGT) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 2.8% year on year to $23.85 billion. Its non-GAAP profit of $1.30 per share was 21.3% below analysts’ consensus estimates.
Target reports Q1 financial results Tuesday. The report comes after Walmart's mixed results and the retailer saying it would raise prices to offset tariffs.
Senate minority leader, Chuck Schumer (D-N.Y.), is not holding back in his criticism of President Donald Trump over rising consumer prices, placing blame squarely on the latter's tariff policies.
Investors have grown cautious of retail businesses in an environment marked by an uncertain tariff policy, high inflation, and unpredictable consumer behavior.
Telsey Advisory Group analyst Joseph Feldman reiterated the Outperform rating on Target Corporation (NYSE:TGT), lowering the price forecast from $145 to $130.
