Target is putting an end to its DEI programs following Trump's executive order banning them in federal agencies
Target, Twin Cities Pride
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
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,
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
Several major companies like Target, Walmart and McDonald’s have begun to roll back DEI programs in the wake of a Republican-driven effort to disband the push for workplace and school equality.
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.
Target is joining a wave of US companies pulling back on diversity, equity and inclusion (DEI) initiatives, as right-wing pressure leads companies to alter their commitment to hiring diverse candidates and expanding access.
Target is the latest US company to retreat from policies designed to enhance racial and ethnic representation in the workplace.
Target's decision to end its DEI program has sparked plenty of reaction, including Minneapolis City Council member asking shoppers to boycott the retailer.
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