What's Going On With Target Stock Today?

Target Corporation (NYSE:TGT) shares are trading slightly higher following strong earnings from top peer Walmart Inc. (NYSE:WMT).

For FY25, Walmart raised its adjusted EPS outlook to $2.42 – $2.47 (from $2.35 – $2.43), vs. the consensus of $2.45. Walmart boosted FY25 net sales (at constant currency) growth guidance to 4.8% – 5.1% from 3.75% – 4.75% earlier.

Meanwhile, Target will report its third-quarter results on Wednesday, November 20, 2024, at 7:00 a.m. central time.

Also Read: US Stocks Likely To Open In Red Amid Mounting Geopolitical Tensions: Wharton Economist Says Market Trajectory Will ‘Heavily Depend’ On Trump’s Tariff Plans

Last week, Target announced its store hours for Black Friday week and the holiday season.

On Friday, November 29, Target will open its doors early at 6 a.m. local time, offering exclusive items such as the “Taylor Swift | The Eras Tour Book” and “The Tortured Poets Department: The Anthology” on CD and vinyl.

These items will be available only at Target, along with top deals across the store. Special offers will be available in-store, online, and through the Target app, providing shoppers with great value for their holiday purchases.

Price Action: TGT shares are trading higher by 0.57% to $157.46 at last check Tuesday.

Photo via Shutterstock

Read Next:

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.