{"id":743998,"date":"2023-03-30T11:52:10","date_gmt":"2023-03-30T15:52:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\/"},"modified":"2023-03-30T11:52:10","modified_gmt":"2023-03-30T15:52:10","slug":"lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\/","title":{"rendered":"Lowey Dannenberg Notifies Target Corporation (NYSE: TGT) Investors of Securities Class Action Lawsuit and Upcoming Lead Plaintiff Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, March  30, 2023  (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Target Corporation (NYSE: TGT) (\u201cTarget\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of investors who purchased or otherwise acquired Stanley securities between August 18, 2021 and May 17, 2022, both dates inclusive (the \u201cClass Period\u201d).<\/p>\n<p>On March 29, 2023, a Complaint was filed against the Company and Certain of its officers alleging that Defendants made materially false and\/or misleading statements because they misrepresented and failed to disclose the following adverse facts pertaining to Target&#8217;s business, operations, and prospects: (i) Target\u2019s strategy for mitigating supply-chain constraints by over-ordering inventory had severely limited the Company\u2019s ability to timely respond to evolving consumer behavior; (ii) as a result, the purported \u201cmassive influx of insights\u201d gained from the extraordinary heightened demand during the pandemic could not be leveraged by Target to react to rapidly changing trends; and (iii) as a result of Target\u2019s inability to timely react to changes in consumer trends, Target\u2019s sales declined and the Company was left with an overabundance of inventory, forcing Target to take large markdowns, and severely impacting the Company\u2019s financial results.<\/p>\n<p>When investors learned the truth, Target\u2019s common stock declined precipitously, injuring investors.<\/p>\n<p>If you suffered a loss in Target\u2019s securities, and wish to participate, or learn more, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oGlcfp-CcP8qW5BYedn_-yRXXR-Q_FsbV1l-Vdut67Nrd-2zjaXf1IbCjI_gHfKGdsdLwT2Ym5ocDIpBRHXrhW6Ya_OyW66C42Dqqb5u0TE=\" rel=\"nofollow noopener\" target=\"_blank\">click here<\/a>, or please contact our attorneys at (914) 733-7234 or via email at investigations@lowey.com.<\/p>\n<p>Any investor who wishes to serve as Lead Plaintiff must act before May 30, 2023.<\/p>\n<p>\n        <strong>About Lowey Dannenberg<\/strong><br \/>\n        <br \/>Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has recovered billions of dollars on behalf of its clients.<\/p>\n<p>\n        <strong>Contact<\/strong>:<br \/>Lowey Dannenberg P.C.<br \/>44 South Broadway, Suite 1100<br \/>White Plains, NY 10601<br \/>Tel: (914) 733-7234<br \/>Email: investigations@lowey.com<\/p>\n<p>\n        <strong>SOURCE<\/strong>: Lowey Dannenberg P.C.<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5ODk3MSM1NTAxNTk3IzIxOTQ1MzQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/N2NlNTU3OTctMWE0Zi00OGIyLThiNTUtN2QyYTRiMmFiZjU0LTEyMDYwODc=\/tiny\/Lowey-Dannenberg-P-C-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Target Corporation (NYSE: TGT) (\u201cTarget\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of investors who purchased or otherwise acquired Stanley securities between August 18, 2021 and May 17, 2022, both dates inclusive (the \u201cClass Period\u201d). On March 29, 2023, a Complaint was filed against the Company and Certain of its officers alleging that Defendants made materially false and\/or misleading statements because they misrepresented and failed to disclose the following adverse facts pertaining to Target&#8217;s business, operations, and prospects: (i) Target\u2019s strategy for mitigating supply-chain &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lowey Dannenberg Notifies Target Corporation (NYSE: TGT) Investors of Securities Class Action Lawsuit and Upcoming Lead Plaintiff Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-743998","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lowey Dannenberg Notifies Target Corporation (NYSE: TGT) Investors of Securities Class Action Lawsuit and Upcoming Lead Plaintiff Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lowey Dannenberg Notifies Target Corporation (NYSE: TGT) Investors of Securities Class Action Lawsuit and Upcoming Lead Plaintiff Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Target Corporation (NYSE: TGT) (\u201cTarget\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of investors who purchased or otherwise acquired Stanley securities between August 18, 2021 and May 17, 2022, both dates inclusive (the \u201cClass Period\u201d). On March 29, 2023, a Complaint was filed against the Company and Certain of its officers alleging that Defendants made materially false and\/or misleading statements because they misrepresented and failed to disclose the following adverse facts pertaining to Target&#8217;s business, operations, and prospects: (i) Target\u2019s strategy for mitigating supply-chain &hellip; Continue reading &quot;Lowey Dannenberg Notifies Target Corporation (NYSE: TGT) Investors of Securities Class Action Lawsuit and Upcoming Lead Plaintiff Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-30T15:52:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5ODk3MSM1NTAxNTk3IzIxOTQ1MzQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lowey Dannenberg Notifies Target Corporation (NYSE: TGT) Investors of Securities Class Action Lawsuit and Upcoming Lead Plaintiff Deadline\",\"datePublished\":\"2023-03-30T15:52:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\\\/\"},\"wordCount\":359,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODc5ODk3MSM1NTAxNTk3IzIxOTQ1MzQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-target-corporation-nyse-tgt-investors-of-securities-class-action-lawsuit-and-upcoming-lead-plaintiff-deadline\\\/\",\"name\":\"Lowey Dannenberg Notifies Target Corporation (NYSE: TGT) Investors of Securities Class Action Lawsuit and Upcoming Lead Plaintiff Deadline - 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