Target flying high into holiday season as stock hits record high


November 21, 2019

David Joles – Star Tribune

Shoppers outside Target in downtown Minneapolis. The retailer reported third-quarter earnings on Wednesday.

A surprising leap in clothing sales and a sharp increase in use of its same-day delivery and pickup options helped boost Target's sales and profits higher than expected, sending its shares up 14% to an all-time high.

Target stock, which has risen more than 90% this year, closed Wednesday at $126 a share.


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