Target Soars on Earnings Beat Amid Fed Anticipation

Target's Impressive Earnings Report
Target's shares have experienced a significant boost following the announcement of its second-quarter earnings, which exceeded expectations on both revenue and profit fronts. The retailer announced a diluted earnings per share (EPS) of $2.57, surpassing the analyst forecast of $2.18. This positive development has led Target to raise its full-year profit guidance, indicating confidence in its financial performance moving forward.