Wells Fargo downgrades Target and Dollar General on concerns that retail growth could slow

A shopper leaves a Target store in New York, August 15, 2021.
Scott Mlyn | CNBC

The new year could bring the end of a renaissance for two retailers that have outperformed during the Covid era, according to Wells Fargo.

More In Street Calls

CNBC ProGoldman says it's time to be a stock picker with energy stocks. Here are the firm's favorites
CNBC ProNvidia is a buy even with weaker guidance from China lockdowns, Wall Street says
CNBC ProHere are Thursday's biggest analyst calls: Tesla, Lululemon, Apple, CrowdStrike, Kraft Heinz & more