Activist Investor Toms Capital Is Buying Up Target Stock. Should You?
Retail giant Target Corporation (TGT) now finds itself under activist scrutiny after a sharp sales slowdown erased a substantial portion of shareholder value this year. The pressure intensified after reports revealed activist hedge fund Toms Capital Investment Management (TCIM) built a meaningful stake, signaling rising impatience with prolonged underperformance. While the exact size of TCIM’s holding remains undisclosed, its involvement alone carries weight. The fund recently invested in Kenvue (KVUE) a ...