We recently published 10 Stocks Crash as AI Glow Fades. Target Corp. (NYSE:TGT) is one of Wednesday’s worst performers. Shares of Target Corp. (NYSE:TGT) fell back to the $99 level on Wednesday, as investors were dampened by a flurry of negative developments,

Investors are panning Target Corp's choice of insider Michael Fiddelke as chief executive officer (CEO) on Wednesday, viewing the 20-year company veteran as unlikely to fix the retailer's myriad issues that have resulted in years of stock-market underperformance.

Target (TGT) shares fell after Q2 results were reported. Analysts have mixed views, with some lowering price target while others maintaining ratings.

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer clearer to unwinding the damage from DEI missteps.

Target Corp ( ($TGT) ) has released its Q2 earnings. Here is a breakdown of the information Target Corp presented to its investors. Target

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

Target Corp. and its board of directors has elected Michael Fiddelke, chief operating officer, to succeed Brian Cornell as CEO.

Michael Fiddelke is scheduled to become the next chief executive officer of Target Corp. on Feb. 1, 2026. He is currently chief operating officer of the retailer and will succeed Brian Cornell, who will transition to executive chair of the board of directors.

Michael Fiddelke has spent two decades working his way up from an intern at Target Corp. to the retailer's next chief executive. The climb could get steeper from here.

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported second-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $2.