Teachers' Union Advocates For Boycott Of Target For Back-to-School Purchases

1.8 million American Federation of Teachers members were urged to boycott Target for back-to-school purchases, creating near-term pressure during a critical sales period. The action is a modest headwind to Target's back-to-school traffic and revenues and could move the stock by roughly 1-3% depending on member adherence and publicity.

Analysis

1.8 million American Federation of Teachers members were urged to boycott Target for back-to-school purchases, creating near-term pressure during a critical sales period. The action is a modest headwind to Target's back-to-school traffic and revenues and could move the stock by roughly 1-3% depending on member adherence and publicity.