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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (78238)10/23/2025 5:20:52 PM
From: Sean Collett  Read Replies (1) of 78427
 
RE: TGT

Announced they're cutting 8% of their corporate force which is about 1,000 people. Not much impact on stock price AH.

This news prompted me to look up and $TGT took on a new 364-day credit agreement with a banking syndicate led by Citibank which includes BofA, Citibank, JPM, Wells, and a few others for $1,000M with the ability to increase another $500M. $TGT has the ability to convert into a term loan otherwise the loan matures October 8th, 2026.

Think there may be some room before $TGT sees a rebound just yet.

Happy investing,
Sean
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