Target is putting an end to its DEI programs following Trump's executive order banning them in federal agencies
Target follows McDonald’s and Walmart in ending DEI initiatives in response to conservative backlash, legal threats and Trump’s November election victory.
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,
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.
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
Owners of brands that were championed by Target before it rolled back DEI efforts say a boycott would harm their brands, and encouraged customers to support them.
In addition to other efforts, the retailer will end a program focused on carrying more products from Black- or minority-owned businesses.
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Fallout following Target rolling back DEI goals
Target's decision to end its DEI program has sparked plenty of reaction, including Minneapolis City Council member asking shoppers to boycott the retailer.
One of the country’s largest retailers said it will end the diversity, equity and inclusion goals it sets in three-year cycles and curtail racial equity initiatives.
Author Frederick Joseph is urging consumers to not buy his books at Target after the retailer announced it was rolling back its diversity, equity, and inclusion efforts.