Target's Stock Plummets Amidst Longest Losing Streak in 23 Years.
TL;DR Summary
Target's stock has been downgraded to neutral from overweight by JPMorgan due to "too many concerns rising" in relation to the retail giant, which is facing consumer pressures and the effects of recent controversies. The stock is on its longest losing streak in 23 years, with its ninth straight decline and the lowest close since Aug. 11, 2020.
- Target’s stock, on longest losing streak in 23 years, downgraded at JPMorgan MarketWatch
- Target shares sink for ninth straight day, market cap sheds over $13 billion as Pride backlash continues Fox Business
- What's Going On With Target Shares - Target (NYSE:TGT) Benzinga
- Target's stock loses $13.8B, sinks to lowest level since 2020 over boycotts New York Post
- Target on a Losing Streak Amid an Analyst Downgrade TipRanks
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