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Target Profit Doubles, Raises Guidance, TGT Shares Hit Record High

Target, a major retailer, saw earnings per share significantly exceed expectations due to tariff refunds. Analysts believe Target's ongoing transformation is on track. The company's profits have doubled,…

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Target, a major retailer, saw earnings per share significantly exceed expectations due to tariff refunds. Analysts believe Target's ongoing transformation is on track. The company's profits have doubled, leading to an upward revision of its guidance. As a result, Target's stock price surged to a new high.

Original: https://www.investors.com/news/target-earnings-q2-tgt-stock/

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