Did Target Hit the Bullseye With New CEO?
July 31, 2014 at 10:57 AM EDT
Target’s (TGT) choice of current PepsiCo (PEP) and former Wal-Mart Stores (WMT) executive Brian Cornell as its new CEO was praised by some analysts today, even if the choice didn’t appear to hit the, um, target with investors. Ackerman + Gruber Janney’s David Strasser and team “applaud the move.” They explain why: We applaud this [...]
