Morning News Leaders: Target Tops Estimates and Boosts Full Year Guidance

Last Updated: Wednesday, November 20, 2019 10:34 AM | Michael Fowlkes

Morning News Leader

Target Corporation (TGT) is up 13.1% Wednesday following a very strong third-quarter report. The company posted earnings of $1.36 per share on revenue of $18.7 billion. Analysts had forecast profit of $1.19 and sales of $18.49 billion for the quarter. The retailer boosted its full year guidance to a range of $6.27 to $6.47, up from its previous range of $5.90 to $6.20.

Target Corporation (TGT) is a retail chain.

Safehold Inc. (SAFE) and Canopy Growth Corporation (CGC) top the list of other companies with positive news today, while Urban Outfitters, Inc. (URBN) and Amarin Corporation plc (AMRN) top the list of companies with negative news.

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