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As Target Names New CEO, Stock Tumbles 10% As DEI Hit And Tariffs Drag On Sales

As Target announces a new CEO, the retailer is reporting declines in revenue and operating income. As shares tumble 10% their DEI pullback & tariffs are dragging on sales

Barron's on MSN · 4h

Target Stock Tumbles. Why a CEO Change Is Overshadowing an Earnings Beat.

Target stock tumbled after the retailer said Chief Operating Officer Michael Fiddelke will succeed current CEO Brian Cornell come February.

Reuters on MSN · 7h

Target stock tumbles after retailer names insider Fiddelke to CEO role

Target named insider Michael Fiddelke on Wednesday as its new CEO in an effort to turn around the struggling retailer after a series of challenges over recent years that caused its shares to vastly lag those of its peers.

7hon MSN

Target’s stock drops as longtime CEO Brian Cornell’s planned departure overshadows an earnings beat

S hares of Target Corp. slumped 10.5% in premarket trading Wednesday, after the discount retailer said it was replacing for ...

Target Stock Heads for Worst Session Since 'Liberation Day' Selloff

Shares in Target sank after the retailer reported its 11th straight quarter of flat or falling sales, and said Chief ...

Stock Movers: Target, Hertz, La-Z-Boy

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

TGT stock price: Why are Target shares dropping today—and who is Michael Fiddelke?

In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced that its current CEO, Brian Cornell, will be stepping down from the role ...

Seeking Alpha30m

Target: An Ultra-Cheap Stock, But Demand Destruction Is Real

Valuation models show Target undervalued, but growth trends must reverse for a conviction buy. TGT stock's dividend yield ...

Stocks to Watch Wednesday: Lowe's, Toll Brothers, Estée Lauder, Target

The home-improvement retailer boosted its annual outlook, fueling a mode ...

Stock Market Today: Dow extends decline, Nasdaq tumbles after Fed minutes as rotation out of Big Tech continues; Target falls after new CEO is named.

Stocks are lower Wednesday afternoon as selling of AI-related technology names continues and Target names a new chief ...

Target Q2: Earnings Beat Overshadowed By CEO Transition

Target's Q2 earnings beat estimates, but profitability remains under pressure with declining margins and net income down over ...

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