HomeIndustriesRetailMETA Plans Another A.I. Restructure, 'Tactical Outperform' Expected in TGT

META Plans Another A.I. Restructure, 'Tactical Outperform' Expected in TGT

Evercore ISI added Target (TGT) to its "tactical outperform" list after the retail giant's stock has been beaten down over the last year. As Jenny Horne notes, the firm also moved Lowe's (LOW) to its "tactical underperform" list. She explains why Evercore made the adjustments ahead of both companies' earnings. On the A.I. front, Jenny weighs in on reports of Meta Platforms' (META) fourth A.I. division restructure in the last six months. It comes as the social media conglomerate closes in on a $2 trillion market cap.

Morning Trade Live

18 Aug 2025

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