| This is from 2017 and it's also very incorrect. The author says Target's April 2017 policy was bad for their stock. Let's look in hindsight. In March 2017 TGT was at 53.12. In April 55.85. In early June 56.90. It took a hit late June at 50.76, but by September was already at 59.96. As of close today it is at 78.46 and they didn't reverse their bathroom policy. Here are some funny quotes from the referenced post... "I’m not anticipating an extreme drop in the share price, but I’m definitely not seeing any catalyst on the horizon for the share price to surpass its current trading range" and "So, though it took a while to materialize, if you followed Crista’s advice to sell TGT stock late last year, it’s looking like a good decision now. TGT stock is headed in the wrong direction, and may still have greater depths to plumb. Good call by Crista!" If you would've sold on Crista's advice to sell, you would've missed out 59.41 to 78.46 in less than a year! |
"CEO was blind sighted".
http://www.businessinsider.com/target-ceo-blindsided-by-boyc...