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Target cuts FY23 adjusted EPS view to $7.00-$8.00 from $7.75-$8.75

Consensus $7.81. The company said, “Given recent sales trends, Target now expects comparable sales in a wide range around a mid-single digit decline for the remainder of the year. The Company now expects full-year GAAP and Adjusted EPS of $7.00 to $8.00, compared with the prior range of $7.75 to $8.75.”

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