The problem is student loan repayments, which are slated to resume later this year.
Target Corp.’s stock was downgraded to sector weight from overweight by KeyBanc Capital Markets Monday amid consumer spending pressures, specifically the impact of student loan repayments.
... Target Corp.’s stock was downgraded to sector weight from overweight by KeyBanc Capital Markets Monday amid consumer spending pressures, specifically the impact of student loan repayments. Student loan repayments are slated to resume later this year. Under the terms of the deal to raise the debt limit, the pause in student-loan repayments will end by Aug. 30.Target’s TGT stock snapped its longest losing streak in 23 years last week. The company’s shares ended Friday’s session up 1.6%, outpacing the S&P 500 index’s SPX gain of 1.5%. Target’s stock is down 0.8% in premarket trades Monday.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
LGBTQ advocate scolds Target’s ‘rainbow capitalism,’ says it missed opportunity after pulling Pride displaysLGBTQ advocate Heather Hester scolded Target’s 'rainbow capitalism' after the retailer dialed back Pride displays, saying it showed the company wasn't a legitimate ally.
Les mer »
As anti-gay sentiment grows, more LGBTQ+ people seek to flee UgandaPretty Peter flicked through frantic messages from friends at home in Uganda.
Les mer »
A bookstore becomes a gathering place for Utah’s LGBTQ community, of any ageUnder the Umbrella, an LGBTQ-centered book store in downtown Salt Lake City, is one of a few hangouts for the LGBTQ+ population, regardless of age.
Les mer »
Uganda's anti-LGBTQ law, one of the harshest in the world, explainedUganda this week passed a bill that calls for openly gay members of the LGBTQ community to be punished with life imprisonment. President Biden led international condemnation, calling the new law 'the latest development in an alarming trend of human rights abuses and corruption in Uganda.'
Les mer »
Taylor Swift celebrates Pride Month with heartfelt message at Chicago concertSwift shared her support for the LGBTQ community on stage during her first stop in Chicago on The Eras Tour, calling out recent “harmful” anti-LGBTQ legislation.
Les mer »