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US retailer Target rallies after back-to-school season fuels sales
Add BT as a preferred sourcePublished Thu, Nov 17, 2016 · 09:50 PM
New York
TARGET Corp rallied the most in almost eight years after a strong back-to-school season fuelled third-quarter earnings, stoking optimism for the retailer as it heads into the holidays.
Profit for the quarter came to US$1.04 a share in the period, excluding some items, the Minneapolis-based company said on Wednesday. Analysts had estimated 83 US cents on average, according to data complied by Bloomberg.
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