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Target raises FY24 adjusted EPS view to $9.00-$9.70 from $8.60-$9.60

Target raises FY24 adjusted EPS view to $9.00-$9.70 from $8.60-$9.60

Consensus $9.28. The company said, “While the Company believes its full-year guidance range of a 0 to 2 percent increase in its comparable sales remains appropriate, it now believes the increase will more likely be in the lower half of that range. However, based on strong profit performance in the front half of the year, the Company now expects full-year GAAP and Adjusted EPS of $9.00 to $9.70, up from the prior range of $8.60 to $9.60.”

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