TGT Stock Recent News

Some investors had been hoping the retailer would tap an outsider to come in and shake things up. They got Michael Fiddelke instead.

While Target and Walmart both posted mixed Q2 results this week, the retail giants disclosed different stories regarding their current growth and expansion.

CNBC's "Fast Money" traders share their final trades of the day.

Over the next few weeks, we expect a rally to ideally, and at least, 6560, from where a correction to 6335-6190 can materialize, followed by another rally to 6800.

Target's next CEO has been picked and it's no surprise. Target lifer Michael Fiddelke got the nod to replace Brian Cornell upon his retirement on Feb. 1, 2026.

Consumer spending has largely stayed strong so far and the pinch from higher duties hasn't been as severe as some companies had feared. Scot Ciccarelli, a retail analyst for Truist, said retailers are raising prices "but not nearly to the degree that might have been expected in early April.

Target's stock has been sinking, while Walmart's has been thriving. Here's why.

The final trades of the day with the Fast Money traders.

Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street's favor. Fiddelke, the company's 49-year-old chief operating officer and former chief financial officer, will succeed Brian Cornell effective Feb. 1.

Target Corp TGT shares are down trading on Thursday, after the company on Tuesday reported its second-quarter results.