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Apparently, Target isn’t content with the havoc they’ve brought upon themselves and their shareholders after offering perverted and twisted “tuck” clothing for kids. So, here they go again, embarking on yet another reckless “Kamikaze mission.” And to make matters even worse, this lates venture couldn’t have come at a more inconvenient time. Target is currently experiencing its longest losing streak in 23 years.

Market Watch:

Target Corp.’s stock, which is on its longest losing streak in 23 years, was downgraded to neutral from overweight Thursday by JPMorgan, which cited “too many concerns rising” in relation to the retail giant.

The stock ended Wednesday’s session down 2.2%, marking its ninth straight decline and the stock’s longest losing streak since an 11-day stretch that ended Feb. 24, 2000, according to Dow Jones data. Wednesday also marked the stock’s lowest close since Aug. 11, 2020.

Target TGT, +1.57% shares fell 1.7% in premarket trading Thursday. The stock has fallen 12.2% in 2023, compared with the S&P 500’s SPX, +1.45% gain of 8.9%.

And there are signs that this is only going to get worse for Target.

“We continue to believe that the consumer is broadly weakening while the share of wallet shift away from goods (51% of [Target’s] sales) is ongoing,” wrote JPMorgan analyst Christopher Horvers. Disinflation in grocery is also continuing to accelerate, according to Horvers.

“While still positive on a [three-year] basis, [Target] has been giving back share on a [one-year] view and we believe this share loss could accelerate into back to school and linger into holiday given consumer pressures and recent company controversies,” wrote Horvers. “This could turn [Target’s] traffic negative after an impressive run of 12 consecutive positive quarters.”

However, despite Target’s decline in the business world, they continue to worsen their situation with more self-inflicted wounds by promoting the indoctrination of children into the heavily sexualized LGBTQ movement. We just discovered that Target is now sponsoring “Youth Pride” in New York City — a nonprofit organization with the mission to promote and foster the acceptance of Lesbian, Gay, Bisexual, Transgender among young people. Honestly, what is up with this company’s obsession with targeting (pun intended) kids? They’re going all-in on this LGBTQ+ mission to the point where they’re willing to completely demolish their business model. It’s rather unsettling to see that level of commitment to “grooming” and every parent should be alarmed by this.

If anything, this latest “:double-down” move should intensify the Target boycott ten-fold. It may be time to send a message and bury this grooming company once and for all.


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