Target Faces Activist Hedge Fund Pressure
Update: 2025-12-30
Description
Target faces pressure from activist hedge fund Toms Capital, who recently acquired a significant stake. This comes as Target struggles with declining sales and a market cap of around $45 billion. Despite a recent share price boost, investors remain divided, with a hold rating and an average price target of $100. Target expects a low single-digit sales drop this quarter, with a dividend yield of 4.6% offering some solace. Checkout Solipillow.com
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