The Epoch Times
The Epoch Times
The Epoch Times
Support Us
Companies

Investors Exit Downgraded Target Stock

Investors Exit Downgraded Target Stock
A Target department store in North Miami Beach, Fla., on May 17, 2023. Joe Raedle/Getty Images
Naveen Athrappully
Naveen Athrappully
7/16/2023|Updated: 7/17/2023
0:00

Mega retailer Target hasn’t recovered from consumer boycotts triggered after the company promoted Pride merchandise, with share prices and market cap declining significantly along with financial and popularity metrics.

American consumers started boycotting Target in May, after the retail chain rolled out its Pride collection, which included some items that targeted children, including books, home décor products, and transgender swimsuits for adults with a “tuck-friendly” feature.
Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
Author’s Selected Articles

Trump Orders Chinese Company to Divest From US Business

Jul 12, 2025
Trump Orders Chinese Company to Divest From US Business

Energy Department to Give 1 Million Barrels of Oil to ExxonMobil From US Reserves

Jul 12, 2025
Energy Department to Give 1 Million Barrels of Oil to ExxonMobil From US Reserves

DOJ Shuts Down Investigation on T-Mobile-UScellular Merger

Jul 11, 2025
DOJ Shuts Down Investigation on T-Mobile-UScellular Merger

Jamie Dimon Cautions on US Interest-Rate Hike

Jul 11, 2025
Jamie Dimon Cautions on US Interest-Rate Hike
Related Topics
Target Corp
conservative boycott
Save
The Epoch Times
To ensure we reach the high standards of reliability and neutrality that you expect from us, we are engaging with Ad Fontes Media to analyze our content. If you find an article you think falls short of the standard, please submit the link through this form.
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.