Target Corp shares jump 6% to 11-month high as company lifts sales forecast after another weak quarter
Shares of Target Corporation jumped 6% in Tuesday’s trade to reach the 11-month high of $119.65 apiece on the NYSE, even as the company reported another quarter of falling revenue and declining customer traffic at its stores. However, the retailer’s new CEO pledged a return to sales growth and issued an upbeat profit outlook, signaling…