JoptionsSG
08-22

Closing my position on $TGT 20250905 105.0 PUT$ bought prior to $Target(TGT)$  earning's results. 

The earnings release met the already lowered targets, however Target announced that longtime veteran and current Chief Operating Officer Michael Fiddelke will succeed CEO Brian Cornell on Feb. 1. Cornell will then transition to the role of executive chair of Targets board of directors. This added uneaseness and loss of confidence in investors.

Modified in.08-22
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Comments

  • PSG2010
    08-22
    PSG2010
    Sounds like a smart move! The leadership change can definitely shake things up for Target.
  • JackQuant
    08-22
    JackQuant
    Good exit—leadership shake-ups often weigh heavier than just meeting lowered earnings. 📉
  • Athena Spenser
    08-22
    Athena Spenser
    TGT put closed,earnings okay, but leadership change killed confidence.
  • Maurice Bertie
    08-22
    Maurice Bertie
    Closed TGT put,earnings hit targets, but CEO change spooked me.
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