Should you buy post -profit decline in target stocks?

TAGT (TGT) decreased to 10 % on August 20, after the retail giant has reported the financial statements in the market for Q2, but it is directed to a low percentage of low percentage in the whole year sales.

On Wednesday, the retail giant named Michael Vidleke, the next CEO, is scheduled to replace Biann Cornell on February 1.

Fiddelke is currently working on the TGT CEO and is with a company listed on the New York Stock Exchange since 2003. Including post -profit decline, targeted shares have decreased by almost 30 %.

According to Michael Vidlek, they will go the top role in the goal with three priorities in mind.

1. Using technology to convert the target into a more efficient work

2. Improving the total customer experience to increase participation through all channels

3. The company’s reputation is restored for elegant and unique formations

If it is well implemented, his three priorities stand for the interest of the investor in TGT shares in 2026.

Note that retail shares are currently paying profitable profit distributions that result in 4.64 %, making it more attractive in the long run.

In a post -profit interview with CNBC Today, a senior UBS, Michael Laser, said that TGT could have satisfied her shareholders by naming an external candidate as the next executive head.

According to him, the market was hoping for “the agent of change” – a person who could make noticeable changes in the target “to improve the general path of the company.”

However, with the assignment of Fiddelke, investors now believe “it will be more than the same,” the UBS analyst added to “Squawk Box”.

While Lasser remains upward on the target shares as a long -term contract, it agrees that “they lack a catalyst in the near term without a doubt.”

Despite the ongoing challenges and weak performance, TGT shares have not completely decreased with Wall Street analysts.

according to ParchartThe consensus classification sits on the target arrows in “Hold” only, but the average goal is about $ 108 indicates a possible increase in more than 10 % of the current levels.