Target's Profit Dip: Cautious Shoppers, Skeptical Analysts

Targets profit expectations for the year have been revised downward due to a projected slow holiday shopping season. The retailer is focusing on store improvements and price cuts for essential items to attract budget-conscious shoppers. However, financial analysts remain cautious about Targets stock performance, citing concerns such as slower online growth and increased costs from tariffs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.