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Target, Stock Sinks and Retailer Replaces CEO

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported second-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $2.

Investopedia on MSN · 9h

Target Stock Sinks as Retailer Replaces CEO With Company Veteran

Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged.

MEAT+POULTRY · 5h

Retail giant Target Corp. taps new CEO

Michael Fiddelke is scheduled to become the next chief executive officer of Target Corp. on Feb. 1, 2026. He is currently chief operating officer of the retailer and will succeed Brian Cornell, who will transition to executive chair of the board of directors.

Target, Lead and Brian Cornell Steps

The Boston Globe · 18m

Target CEO to step down amid company struggles

Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.

MarketWatch · 5h

Target leads S&P laggards after announcing CEO change

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian Cornell is stepping down next year, to be replaced by the company’s Chief Operating Officer Michael Fiddelke.

U.S. News & World Report · 12h

Target's COO Will Lead the Struggling Retailer When CEO Brian Cornell Steps Down in February

Cornell will transition to be executive chair of the board. Cornell, 66, took the helm at Target in August 2014. In September 2022, the board extended his contract for three more years and eliminated a policy requiring its chief executives to retire at age 65.

Target CEO Shakeup May Breathe Fresh Life Into Target

Target Corporation's stock dip is more about politics than performance. Explore the potential opportunity under new ...

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer ...

theshelbyreport3h

Fiddelke To Succeed Cornell As Target CEO

Target Corp. and its board of directors has elected Michael Fiddelke, chief operating officer, to succeed Brian Cornell as ...

8hon MSN

Target Corporation shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take charge from Feb 1, 2026

Target Corporation shares tumbled 11% after COO Michael Fiddelke was named CEO, succeeding Brian Cornell. The leadership ...

Target Q2: Earnings Beat Overshadowed By CEO Transition

Target's Q2 earnings beat estimates, but profitability remains under pressure with declining margins and net income down over ...

3don MSN

Target Corporation (TGT): I Thought The Ulta Beauty Partnership Ending Was Very Significant

We recently published 12 Latest Stocks On Jim Cramer’s Radar. Target Corporation (NYSE:TGT) is one of the stocks Jim Cramer ...

11h

Target shares tumble as CEO transition announced amid sales decline

Target Corporation shares fell over 10% premarket on Wednesday after the retailer its new CEO while also reporting second quarter earnings that narrowly beat estimates but showed continuing sales ...

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 ...

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