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The Latest Breaking News from Target

Gov. Newsom’s inflation relief package could drive up prices even more, experts say

SACRAMENTO, Calif. — An $18.1 billion inflation relief package proposed by Gov. Gavin Newsom will put salve on key pain points for Californians most affected by rising gas and grocery prices but also likely will cause prices to tick up just a tad more, leading economists say.

Tribune News Service

Stock Market Trades Mixed As More Retail Earnings Reports Arrive; Cisco Plunges On Guidance

The stock market traded mixed Thursday morning as BJ's and Kohl's reported mixed earnings. Cisco stock plunged on earnings.

Investors Business Daily

BMO Capital Maintains Outperform Rating for Target: Here's What You Need To Know

BMO Capital has decided to maintain its Outperform rating of Target (NYSE:TGT) and lower its price target from $250.00 to $210.00. Shares of Target are trading down 4.06% over the last 24 hours, at $155.06 per share. A move to $210.00 would account for a 35.44% increase from the current…

Benzinga

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Benzinga's Top Ratings Upgrades, Downgrades For May 19, 2022

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Benzinga

10 Biggest Price Target Changes For Thursday

Telsey Advisory Group cut the price target for Bath & Body Works, Inc. (NYSE: BBWI) from $70 to $60. Bath & Body Works shares fell 6.9% to $40.00 in pre-market trading.

Benzinga

US earnings season and Australian real wage cuts dominate markets this week

Shares of US retail giant Target plunged 25 per cent this week, its largest drop since the 1987 market crash as investors panicked about surging inflation.

The New Daily

Stock markets tumble as inflation surges and recession fears intensify

96 of top 100 shares fall into the red as warning signs flash for global economy

The Independent UK

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76 Biggest Movers From Yesterday

Gainers Bright Green Corp. (NASDAQ: BGXX) jumped 90.5% to close at $48.08 on Wednesday. Bright Green Corporation, went public on the NASDAQ Tuesday, becoming the first U.S. plant-touching company to list on a major U.S. stock exchange.

Benzinga

Asian shares track Wall Street's inflation-fueled retreat

Shares are sharply lower in Asia after a broad retreat on Wall Street

The Independent UK

FTSE 100 Live: £40 billion wiped off market amid consumer confidence fears, Royal Mail results

European markets are sharply lower after Wall Street tumbled amid the S&P 500’s worst session since June 2020.

Evening Standard

FTSE 100 slide as recession fears weigh on markets – as it happened

Rolling coverage of the latest economic and financial news, as European stocks drop after Wall Street’s worst day since 2020

The Guardian - UK

Dow Jones Futures Fall After Target-Led Sell-Off; Market Rally Has 90% Chance Of Doing This

A Target earnings miss on inflation pressures sparked a fierce sell-off Wednesday. Here's what that means for the market rally.

Investors Business Daily

ASX tumbles, Dow Jones drops 1,100 points as Wall Street suffers its worst sell-off since 2020

Australian shares fall sharply as Wall Street suffers its worst daily sell-off in two years, while US retailer Target reveals the costs of surging inflation, sending its share price down 25 per cent in a single day.

ABC News

US stock markets fall sharply as investors worry about recession

Dow Jones sinks more than 1,100 points as S&P closes down 4%, its largest fall since June 2020, and Nasdaq loses 4.7%

The Guardian - US

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Benzinga

Why Nike Shares Are Getting Hammered Today

Shares of several companies in the retail, including Nike Inc (NYSE: NKE), are trading lower following weak retail earnings this week from Walmart and Target. Anticipation of further Federal Reserve policy tightening has continued to weigh on stocks across sectors.

Benzinga

Jim Cramer Apologizes To Walmart After Target Stock Tanks On Earnings

Jim Cramer bashed Walmart Inc (NYSE: WMT) over poor execution on Tuesday after he was left stunned by the compa

Investors Business Daily

Dow Jones Down Over 1,100 Points As Retail Stocks Plummet

The Dow Jones traded at intraday lows while Target and other retailers' earnings indicated problems from inflation.

WEKU

Stocks slump again. This time, it's retailers such as Target spooking investors

The Dow fell by more than 1,000 points as retailers' earnings reports reflected difficulty navigating higher prices and supply chain bottlenecks.

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Benzinga

Mid-Afternoon Market Update: Nasdaq Down Over 500 Points; Crude Oil Falls 2.5%

U.S. stocks extended losses toward the end of trading, with the Nasdaq Composite dipping more than 500 points on Wednesday.

Tribune News Service

Inflation crushes Target's profit, shares plunge 25%

Inflation smacked Target Corp. over the past three months, leading to a profit drop that surprised investors and triggered a huge selloff of its stock.

Tribune News Service

After prospering in the pandemic, Target is now a symbol of inflation's impact

Target Corp., whose growth in the pandemic pushed its stock to record heights, on Wednesday became a symbol of inflation's toll on the American economy.

Investors Business Daily

Stock Market's Slide Worsens As Retail Sector Gets Hit; Target Is Latest Victim

Retailers' woes worsen and the stock market plunges as Target is the latest victim of missed profit expectations.

Benzinga

Why This Investor Sold Lululemon Stock Following Target's Earnings

Virtus Investment Partners' Joe Terranova has been slashing positions from his portfolio this week, but he decided to hold Lululemon Athletica Inc (NASDAQ: LULU) through Target Corp's (NYSE:

Investors Business Daily

Retail Stocks Crash As Costs Catch Bellwethers, Wall Street Off-Guard

A broad swath of retail stocks imploded on Wednesday, led by Walmart and Target, after both chains reported earnings.

Benzinga

Mid-Day Market Update: Dow Tumbles Over 800 Points; DLocal Shares Surge

U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 800 points on Wednesday.

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