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Target Posts Stronger-Than-Expected Earnings

Target Corp. has raised it earnings forecast.
Target Corp. has raised it earnings forecast. Photo Credit: File

FAIRFIELD COUNTY, Conn. -- Target Corp. has reported stronger earnings than expected for the second quarter, according to a report in the Wall Street Journal.

Target is predicting earning for the year to be in the range of $4.60 to $4.75 per share instead of the previously forecast range of $4.50-$4.65, the Journal reported.

Target's shares have increased in value by 5.8 percent for the year, according to the Journal.

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