Last Updated: Dec. 26, 2025 at 7:50 p.m. ET
First Published: Dec. 26, 2025 at 12:19 p.m. ET
Shares of Target climbed Friday after the Financial Times reported that hedge fund Toms Capital Investment Management has made a “significant investment” in the big-box retailer, whose sales and share price this year have lagged behind some of its more value-oriented rivals.
Target’s stock TGT rose 3.1% on the day.
