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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Target Trails Walmart As Digital Woes, Tariffs Take A Toll

Walmart Target Robert F Ohmes TGT Walmart Inc WMT
5 New Target Treats to Try Before The Month Ends

Target Corporation (NYSE:TGT) is slipping behind Walmart Inc (NYSE:WMT) in sales growth as slowing digital performance, higher import exposure, and mounting tariff pressures weigh on its outlook.

Bank Of America Securities analyst Robert F. Ohmes downgraded the stock from Neutral to Underperform, lowering the price forecast from $105 to $93.

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