Retail giant Target has faced another quarter of falling sales, reporting a 1% decrease in net sales to $25.2 billion. Despite beating earnings estimates with an adjusted EPS of $2.05 compared to the expected $2.04, the company has not fully recovered from recent boycotts and backlash related to its diversity initiatives. Investors remain wary, pondering the implications of inflation, tariffs, and competition from Walmart. As Target prepares for its second quarter earnings call, analysts suggest a cautious approach, with some calling it a long-shot bet amid mixed results and ongoing challenges in the retail landscape.