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Target Facing Major Pushback Over Transgender Controversy as Stock Price Drops

Target Facing Major Pushback Over Transgender Controversy as Stock Price Drops
A Target store sign in Nashville, Tenn., on May 24, 2023. George Walker IV/AP Photo
Bryan Jung
Bryan Jung
6/15/2023|Updated: 6/15/2023
0:00

Target is facing stock losses after a massive pushback over transgender merchandise in its stores.

Shareholders were hit with lowered projections, according to a report from Bank of America’s Global Research division on June 14, as Target faces the worse downgrade in three years.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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