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Oct 10, 2025 12:30 PM

Target Battles Slower Online Growth, Rising Competition From Walmart, Amazon

Retail giants are navigating a rapidly evolving landscape where digital initiatives and competitive pricing strategies are critical for capturing consumer interest. As shoppers increasingly turn to online platforms and demand value-driven options from their favorite brands, companies like Target Corporation (NYSE:TGT) face the dual challenge of enhancing their digital presence while managing competition from industry heavyweights.

BofA Securities analyst Robert F. Ohmes maintained an Underperform rating for Target on Friday, along with a price forecast of $93.

Bearish Stance: The analyst cites weak digital growth, online advertising and marketplace as headwinds. Also, pricing and merchandising challenges and intensifying competition from Walmart and Amazon remain the key negatives.

Recently, BofA hosted a store Tour in Nashville, Tennessee, and observed that the TGT ...