Target Stock Surges on Quarterly Win
TGTTarget(TGT) Schaeffers Investment Research·2024-08-21 22:18

Target Corp (NYSE:TGT) announced better-than-expected second-quarter earnings and revenue earlier, with sales rising as consumers splurged on discretionary items. While the retailer kept its full-year sales forecast, it raised its profit outlook. At last check, TGT was up 16.1% to trade at $166.29.Shares are bouncing off their lowest level since November, and are also on track for their best single-day percentage gain this year. TGT hit its highest level in about four months and is now looking to close abo ...