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Target names longtime insider Michael Fiddelke its next CEO

As Target Names New CEO, Stock Tumbles 10% As DEI Hit And Tariffs Drag On Sales

As Target announces a new CEO, the retailer is reporting declines in revenue and operating income. As shares tumble 10% their DEI pullback & tariffs are dragging on sales

NBC News · 2h

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% since 2021.

Reuters on MSN · 13h

Target stock slumps after retailer names insider Fiddelke to CEO role

By Siddharth Cavale and Juveria Tabassum (Reuters) -Investors panned Target's choice of insider Michael Fiddelke as CEO on Wednesday, viewing the 20-year company veteran as unlikely to fix the retailer's myriad issues that have resulted in years of stock-market underperformance.

Target CEO Brian Cornell quits

MarketWatch on MSN · 5h

Target’s stock drops as long-time CEO Brian Cornell’s planned departure overshadows an earnings beat

S hares of Target Corp. slumped 9.4% in premarket trading Wednesday, after the discount retailer said it was replacing for Chief Executive Brian Cornell, who has been in charge for the past 11 years, with current Chief Operating Officer Michael Fiddelke, effective Feb. 1, 2026.

Yahoo · 10h

Target stocks fall after CEO steps down, quarter earnings report emerges

Target shares dropped as more details emerge about the retailer's profits. This comes as Walmart and The Home Depot prepare to report their quarter earnings. Akin Oyedele, a deputy editor at Business Insider,

USA TODAY on MSN · 8h

Target CEO Brian Cornell steps down; Michael Fiddelke takes over after weak quarter

Prior to being named chief operating officer in January 2024, Fiddelke was Target's chief financial officer. In addition to assuming the role of CEO, Fiddelke will join Target's b

16h

TGT stock price: Why are Target shares dropping today—and who is Michael Fiddelke?

In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced ...

Target: An Ultra-Cheap Stock, But Demand Destruction Is Real

Explore Target Corporation's financial health and strategy: strong credit quality, CEO transition in 2026, and an attractive ...

16h

Target Stock Heads for Worst Session Since 'Liberation Day' Selloff

Shares in Target sank after the retailer reported its 11th straight quarter of flat or falling sales, and said Chief ...

9hon MSN

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target ...

4hon MSN

These Stocks Are Moving the Most Today: Target, Palantir, Intel, Nvidia, Dayforce, Hertz, James Hardie, and More

Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth ...

Stocks to Watch Wednesday: Lowe’s, Toll Brothers, Estée Lauder, Target

The home-improvement retailer boosted its annual outlook, fueling a mode ...

2 S&P 500 Stocks to Target This Week and 1 Facing Challenges

While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their ...

11hon MSN

Walmart Stock, Not Target, Could Drive Consumer Staples’ Momentum

In 2025, Walmart has been a clear outperformer, up 12%, while Target has slumped 22%. Technicians tend not to believe too ...

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