While Target Was Primed for a Tumble, Some Predict Bud Light To Have Long Term Issues
‘The people in the middle don’t want to drink a Bud Light or have a Target shopping bag because they don’t want to deal with the headaches,’ one analyst tells the Sun.
Despite headlines suggesting Target’s stock price cratered due to conservative protests, analysts say the stock was primed to drop due to underlying issues with the business’s performance and outlook. The conservative boycott of Bud Light, however, may have more staying power.
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