says he believes Target will likely face class-action lawsuits from investors after the company's value dropped by more than $15 billion following the controversy over its 'PRIDE' collection which included a 'tuck-friendly' women's swimsuit.Musk responded to a tweet by conservative commentator Charlie Kirk, who shared how JP Morgan had downgraded Target's stock due to concerns and particular over the retailer's association with millennials.'JP Morgan just downgraded Target's stock, after its longest losing streak in 23 years citing 'too many concerns rising'. Happy Pride Month Target!!' Kirk wrote.
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