HomeIndustriesRetailTGT Still Losing to AMZN Online, Relying on Economy for Comeback

TGT Still Losing to AMZN Online, Relying on Economy for Comeback

Target's (TGT) holiday sales came in strong, but the stock still fell on Thursday. LikeFolio's Andy Swan notes the stock's "rough time" after investors left Target in exodus since 2021. He points to positive data showing online visits higher than Walmart (WMT) despite falling short of Amazon (AMZN). Andy notes the economy will need to be as strong, if not stronger for Target to recover.

16 Jan 2025

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