What do you think of Target?

readytoretire answered 9 months ago …

Target has been losing market share to its long term rival Wal Mart as the economy got worse. I think it will take the economy coming back to get it on the right track. It is still better than many in the retail sector as they are making money, but to see big gains, the consumer needs to come back. And I don't like the fact that a hedge fund manager want to put members on the board. I haven't seen anyone of these that turned out good for the long term investor. The short term may improve, but in general they force the company to overreach and get stuck with too much debt long term.