Here’s Why Target Corporation (TGT) Declined in Q2

Smead Capital Management, an investment management company, released its “Smead Value Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund delivered 3.18% compared to an 8.74% gain for the S&P 500 Index and a 4.07% rise for the Russell 1000 Value Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

Smead Value Fund highlighted stocks like Target Corporation (NYSE:TGT) in the...