Target is putting an end to its DEI programs following Trump's executive order banning them in federal agencies

Target has announced it is rolling back its diversity, equity and inclusion (DEI) policies, becoming the latest corporation to do so following President Trump’s election. In a memo sent to

Target's decision to end its DEI program has sparked plenty of reaction, including Minneapolis City Council member asking shoppers to boycott the retailer.

BofA lowered the firm’s price target on McDonald’s (MCD) to $312 from $324 and keeps a Neutral rating on the shares. The firm is fine-tuning

Citi raised the firm’s price target on McDonald’s (MCD) to $336 from $334 and keeps a Buy rating on the shares. The firm expects McDonald’s Q4

Target follows McDonald’s and Walmart in ending DEI initiatives in response to conservative backlash, legal threats and Trump’s November election victory.

KeyBanc Capital Markets adjusted its outlook on McDonald's Corporation (NYSE:MCD) shares, reducing the price target to $320 from the previous $330 while maintaining an Overweight rating. The adjustment follows a notable decline in the company's stock value,

McDonald’s (NYSE:MCD – Free Report) had its target price cut by KeyCorp from $330.00 to $320.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the fast-food giant’s stock.

In a memo sent to its employees, Target it will end its three-year DEI goals, stop reports to external groups like the Human Rights Campaign's Corporate Equality Index and end a program focused on carrying more products from Black- or minority-owned businesses.

Target is joining a wave of US companies pulling back on diversity, equity and inclusion (DEI) initiatives, as right-wing pressure leads companies to alter their commitment to hiring diverse candidates and expanding access.

Owners of brands who were once championed by Target before the big-box retailer rolled back DEI efforts say a boycott would do more harm than supporting their brands would.

Consumers who want to boycott Target should instead spend their dollars on products from Black-owned businesses at the retailer, said April Showers, founder and chief executive of toy, apparel and home goods brand Afro Unicorn, which has been sold at Target since 2022.