"We remain focused on driving our business by creating a sense of belonging for our team, guests and communities through a commitment to inclusion," Target said in a statement announcing the change. "Belonging for all is an essential part of our team and culture, helping fuel consumer relevance and business results."
Target is putting an end to its DEI programs following Trump's executive order banning them in federal agencies
Target has announced it is rolling back its diversity, equity and inclusion (DEI) policies, becoming the latest corporation to do so following President Trump’s election. In a memo sent to
KeyBanc Capital Markets adjusted its outlook on McDonald's Corporation (NYSE:MCD) shares, reducing the price target to $320 from the previous $330 while maintaining an Overweight rating. The adjustment follows a notable decline in the company's stock value,
Target follows McDonald’s and Walmart in ending DEI initiatives in response to conservative backlash, legal threats and Trump’s November election victory.
BofA lowered the firm’s price target on McDonald’s (MCD) to $312 from $324 and keeps a Neutral rating on the shares. The firm is fine-tuning
Detailed price information for McDonald's Corp (MCD-N) from The Globe and Mail including charting and trades.
At the time, Target committed to spending more than $2 billion with Black-owned businesses, such as vendors, construction firms and ad agencies by the end of 2025. Its programs included helping Black entrepreneurs scale their businesses, and it provided almost 8,000 pro bono hours to support local Black businesses.
Citi raised the firm’s price target on McDonald’s (MCD) to $336 from $334 and keeps a Buy rating on the shares. The firm expects McDonald’s Q4
Target is joining a wave of US companies pulling back on diversity, equity and inclusion (DEI) initiatives, as right-wing pressure leads companies to alter their commitment to hiring diverse candidates and expanding access.
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
SC Attorney General Alan Wilson joined an effort scolding retail giant Costco for rejecting the elimination of its diversity, equity and inclusion policies.