Target is trading 4.09% higher at $164.72 after continued reaction to its August 19 earnings beat and raised guidance.

  • Second-quarter revenue reached $26.5 billion; comparable sales rose 3.8%.
  • Management raised full-year sales-growth guidance to approximately 5% and EPS guidance to $9.90–$10.90, including a $1.65 tariff-refund benefit; underlying adjusted earnings increased 20% year over year excluding refunds.
  • Broader markets are higher; company-specific earnings beat and guidance increase are clearest catalysts. Trading is active during August 21 regular session.