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Some Retail Stocks Could Take Hits From the Los Angeles Wildfires
TGTTarget(TGT) Investopedia·2025-01-11 06:25

Key TakeawaysJPMorgan analysts calculated which retailers have the highest percentage of stores within the Los Angeles wildfire evacuation zone.Target was second in terms of both number of stores in the area and the percentage of its total stores.Natural disasters create headwinds to sales but home improvement stores can benefit as an area rebuilds, analysts said. Target (TGT) is among the retailers with the most exposure to the deadly wildfires that have raged this week in the Los Angeles area, JPMorgan an ...