Target (TGT) is the subject of today’s FOMO segment. In this segment Alex Coffey and Jenny Horne discuss the details of Target’s (TGT) Q1 report. Jenny talks about how inflation is hurting retailers overall and compares Target earnings to Walmart (WMT) which also posted a Q1 miss this week. Alex weighs in about how price increases become imbedded in large retailers and how Target’s (TGT) miss is spilling over to other big retailers. Finally, Alex demonstrates buying a dip in an example trade using shares of Target (TGT).