Target on Wednesday reported earnings and revenue far below expectations, and cut its full-year forecast as inflation-battered customers fled to rivals like Walmart for low-priced essentials — sending shares plummeting more than 20%. The Minneapolis-based company reported a 20% earnings miss, posting earnings per share of $1.85, below expectations of $2.30. It was Target’s largest miss in two years.The disappointing results are in stark contrast to the world’s no. 1 retailer Walmart, which raised its annual ...