US stocks surge | Target (TGT.US) rises more than 4% Q1 performance exceeds expectations Increased full-year guidance

According to the financial news app, on Wednesday, Target (TGT.US) rose over 4% to $130.84. The financial report shows that Target's Q1 same-store sales increased by 5.6%, marking the largest growth since the end of 2021, significantly surpassing market expectations of 2.5%; adjusted earnings per share were $1.71, with net sales increasing by 6.7% year-on-year to $25.4 billion, both higher than analysts' expectations of $1.47 and $24.7 billion.