By  on July 13, 2017

Target Corp.’s stock got a jolt after the retailer said recent store traffic trends left it confident enough to update its guidance for the upcoming quarter.

Shares of the big box retailer rose 2.5 percent in the first minutes of trading in response to Target expecting its second quarter financial results to reflect an increase in comparable store sales as well as an 5 to 9 cent increase in adjusted earnings per share.

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