Target Stock Hammered by Souring Consumer Sentiment and Excess Inventory
- Target stock is tumbling and can't catch a break
- Target is facing various headwinds like high inflation and shifting consumer behavior
- Target recently reported disappointing Q2 results with falling profits
- Target has cut its full-year forecast due to excess inventory that will require markdowns
- Target's stock price has declined over 30% this year amid broad market selloff
