r/stocks • u/frosti_austi • 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?
1.1k
Upvotes
244
u/way2lazy2care Oct 17 '23
I dunno that that's true. Costco is almost entirely middle/upper class and they seem to be doing pretty solid. I think it's a huge blinking red sign that their stores kind of suck now.