NEW YORK, NY / ACCESSWIRE / May 19, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Target Corporation ("Target" or the "Company") (NYSE:TGT). Investors who purchased Target securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/tgt.
The investigation concerns whether Target and certain of its officers and/or directors have violated federal securities laws.
On May 18, 2022, Target reported quarterly earnings far below Wall Street's expectations, noting high freight costs, higher markdowns, and lower-than-expected sales of discretionary items. Following this news, Target stock dropped nearly 25% and hit a 52-week low, thereby damaging investors.
If you are aware of any facts relating to this investigation or purchasedTarget shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/tgt. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC