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News Digest / Ticker: GS

Ticker: GS
09:06am, Wednesday, Apr 16, 2025
Goldman Sachs Downgrades Target Corporation: Is the Retail Giant Struggling in a Softening Consumer Market?
Goldman Sachs downgrades Target Corp (NYSE: TGT) from "Buy" to "Neutral" amid sales decline and consumer spending challenges. With 53% of 2024 offerings discretionary, Target faces vulnerability, contrasting with grocery-focused competitors like Costco and Walmart.
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