Neither could their capitulation to Trumps bigoted rhetoric.
I got a lot of flak and eye rolls from my liberal friends a few years ago when I, as a queer woman, would criticize their Rainbow Capitalism. But Target is not an ally, they never were. They are simply a corporation that got some easy publicity in liberal spaces by showing the bare minimum decency.
That's why it's our responsibility as consumers to align their shareholder interests to doing the right fucking thing. Boycotts and other consumer action are part of their calculations on what the shareholder interests are, so a large population of informed consumers who vote their conscience with their wallet will provide pressure to do the right thing.
Target is under more pressure than companies like Walmart, John Deere or Tractor Supply, because Target went further in its DEI efforts, and it has a more progressive base of customers than those competitors.
This is wild move for a company on its arse anyway.