Civil rights activists have gathered outside Target's Minneapolis headquarters to call for a boycott of the retailing giant over its decision to phase out its diversity, equity and inclusion initiatives.
Smart Trade Pro co-founder D.R. Barton says Amazon plays a large role in the A.I. game and that Target is having a 'rebound.'
Target is ending its DEI program this year, the latest corporation to step away from such policies in the face of scrutiny from conservative groups.
In addition to other efforts, the retailer will end a program focused on carrying more products from Black- or minority-owned businesses.
The retailer joins a growing group of companies dropping commitments and policies on diversity and equity as President Trump fights the programs.
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping up their own strategies.
Bernstein analysts, led by Nikhil Devnani, increased their price target on Amazon.com (NASDAQ:AMZN) shares to $280 from the previous target of $265, while maintaining an Outperform rating on the stock.
Generation X can earn up to $1,500 every year in cash back if they have a cash back card and maintain their current spending habits.
Geojit Financial Services recommended accumulate rating on Transport Corporation of India with a target price of Rs 1248 in its research report dated January 30, 2025.
The retailer's decision met with notable criticism, with some noting the company's reputation for inclusiveness has helped it attract a younger, more diverse consumer base.
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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.