From Financial Modeling Prep: 2025-05-12 07:31:00

Bernstein downgrades Target to Underperform, cutting price target to $82, citing near-term challenges and competitive threats. Q1 report expected to disappoint due to weak consumer sentiment, unfavorable weather, and labor strikes. Target losing share in apparel and home categories. E-commerce growth and promotions hurting margins. Investors advised to monitor profitability metrics closely.



Read more at Financial Modeling Prep:: Bernstein Downgrades Target on Structural Market-S…