Target Surges After Strong Earnings; Fed Minutes Anticipated

Reported about 2 months ago

Target's (TGT) shares have soared following its second-quarter earnings report, which exceeded analyst expectations with earnings of $2.57 per share compared to the $2.18 estimate. The retailer also increased its full-year profit forecast. Meanwhile, market attention is on the Federal Reserve's July meeting minutes, as investors are keen to understand discussions around a potential rate cut ahead of Fed Chair Jerome Powell's speech at Jackson Hole.

Source: YAHOO

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