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福克斯商业银行列为潜在私募股权目标后，目标股上涨
2025-10-01 04:15
- Shares of Target (NYSE:TGT) shot higher late Tuesday on the heels of a Fox Business Report mentioning the retail chain as a potential take-over target by a private equity firm.
- While this rumor has been circulating Wall Street since May, the report gained traction in light of the company’s recent decision to replace CEO Brian Cornell with company insider Michael Fiddelke, and better-than-feared second quarter results, neither of which failed to generate a sufficient recovery in the share price.
- With the stock flatlining near its six-year low, buyers could capitalize on an attractive acquisition price.
- Shares were launched 3% higher on the news from the intraday low, leaving TGT in the green at the close.
More on Target
- Target: The Macroeconomic Headwinds Make Us Cautious
- Target: An Undervalued Defensive Retail Play With Long-Term Upside
- Walmart And Target Earnings
- Target sets the timing for its Circle Week shopping event
- U.S. holiday spending likely to see sharpest decline since pandemic - PwC
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