04-03-2025 14:53 via rocketnews.com

Target’s stock reverses lower as tariff talk overshadows upbeat profit outlook

Last Updated: March 4, 2025 at 8:53 a.m. ETFirst Published: March 4, 2025 at 6:40 a.m. ETShares of Target Corp. sank toward a 16-month low in early Tuesday trading, reversing an initial earnings bounce, after the discount retailer’s warning that tariffs would hurt earnings seemed to spook investors.Target’s TGT tariff talk overshadowed a surprisingly upbeat full-year profit outlook, which contrasted with disappointing guidance provided by other retailers, including rival
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