Business
TGT pops nearly 3% after earnings. Here’s what pros say to do next
![TGT pops nearly 3% after earnings. Here’s what pros say to do next TGT pops nearly 3% after earnings. Here’s what pros say to do next](https://image.cnbcfm.com/api/v1/image/107287730-Target_movers_08-16.png?v=1692219153&w=1920&h=1080)
Market Movers rounded up the best reactions from investors and analysts on Target . The pros, including Jim Cramer , talked about the retailer’s mixed second-quarter financial results . Target’s earnings beat analysts’ expectations, but sales fell short. The company also cut its full-year sales and profit guidance as it tries to win over more cost-conscious customers. The retailer also shared that backlash toward its Pride merchandise, as well as nationwide theft during the quarter, hurt its bottom line. Target shares had touched a 52-week low Tuesday. The stock surged during premarket trading Wednesday and ended the session with a nearly 3% gain.
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