Target

Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.

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There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.

We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.

If you choose to take no action, you can remain an absent class member.

Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.

The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com

A Complaint was filed on March 29, 2023 against the Company and some of its officers, claiming that they had made false and/or misleading statements. The defendants had allegedly misrepresented and concealed important information concerning Target’s business, operations, and prospects. Specifically, the complaint alleges that: (i) Target’s plan to cope with supply chain constraints by over-ordering inventory significantly restricted the Company’s ability to adapt to changing consumer trends; (ii) as a result, Target could not make use of the valuable insights gained from the high demand during the pandemic to respond quickly to changing trends; and (iii) because Target failed to adapt to changes in consumer behavior in a timely manner, its sales decreased, and the Company was left with an excess of inventory, which forced it to offer significant discounts, causing a significant impact on the Company’s financial performance. When the truth was revealed, Target’s common stock plummeted, causing harm to investors.