UPDATE: MKM Partners Downgrades Target (TGT) to Neutral
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Target (TGT) CEO Departure a 'Logical Step', Nomura Says
May 6, 2014 8:58 AM EDTNomura Securities analyst Robert Drbul weighed in on Target (NYSE: TGT) after the company announced that Gregg Steinhafel will step down from his role as chairman, president, and CEO, effective immediately. John Mulligan, EVP and CFO, will serve as interim President and CEO,... More
Goldman Sachs Comments on Target's (TGT) CEO Change
May 5, 2014 3:05 PM EDTGoldman Sachs maintained a Buy rating on Target (NYSE: TGT) with a price target of $69.00. Comments follow news Gregg Steinhafel has stepped down from his positions as Chairman of the Target board of directors, president and CEO. Analyst Matthew J. Fassler thinks a change in management may help... More
Target Corp. (TGT) CEO, Chairman Steinhafel to Step Down
May 5, 2014 8:01 AM EDTTarget's. (NYSE: TGT) board of directors issued the following statement today:
John J. Mulligan
Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target. Effective immediately, Gregg will step down from his positions as Chairman of the Target board of directors, president and CEO. John Mulligan, Targets chief financial officer, has been appointed as interim president and chief executive officer. Roxanne S. Austin, a current... More
