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
Target shared a memo with employees that the company will be abandoning its diversity, equity, and inclusion policies, following in the footsteps of major companies such as Walmart and McDonald’s.
In addition to other efforts, the retailer will end a program focused on carrying more products from Black- or minority-owned businesses.
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
Target follows McDonald’s and Walmart in ending DEI initiatives in response to conservative backlash, legal threats and Trump’s November election victory.
The brands said they would lose revenue and consumer exposure, harming them more than the retailer. Read more at straitstimes.com.
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
McDonald’s (NYSE:MCD – Free Report) had its target price cut by KeyCorp from $330.00 to $320.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the fast-food giant’s stock.
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.
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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.
On January 24, 2025, the American retail corporation Target announced it would roll back its DEI initiatives, days after President Donald Trump signed an executive order to end DEI programs in federal