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Ackman & Target: Dueling Shareholder Meetings

 Apr 06, 2009 08:10 PM UTC
Return Risk
-13.50% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
WEN n/a
TGT n/a
MCD n/a
LDG n/a

Graphic_arrow1 Via Todd Sullivan's ValuePlays:  

Now, If you are a shareholder, where are you going to go. Think about it. Target (TGT) management has already said they do not feel any changes are necessary and they "just need to manage through the downturn". OR, will you go see what the guy who has successfully implemented changes at McDonalds (MCD), Wendy's (WEN), Longs Drug (LDG)etc.. and, oh yeah, also happens to be the largest shareholder of Target?

It is a no-brainer....

Ackman really is stoking Target shareholders emotions in this...



Continued at Todd Sullivan's ValuePlays




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