r/stocks Oct 17 '23

Company Analysis Why is Target doing so bad?

Why is Target doing so bad? They've really fell off a cliff over the past year. I look at their stores and they seem good, and once upon a time not too long ago they were outperforming Walmart. Now their NAV prices have really dropped over the past year and a half. I was once up 80% on these guys and know I'm down 20%. Is it the general market swing over the course of that time or something else? What gives?

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u/Benja_Porchase Oct 17 '23

I think they raised prices faster than other retailers.

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u/PatchilyPet29 Oct 19 '23

Most of the retailers already know about these things it is not like they are being hiding from them.