Target shares opened at record high after the retailer beat second-quarter earnings expectations and boosted its full-year estimates.
Target set its previous intraday high of $90.39 on Sept. 10, 2018. Its shares opened at $99.87 and briefly eclipsed $100 a share in the first few minutes of trading.
The retailer on Wednesday beat analysts polled by Refinitiv's earnings and revenue expectations, saying its investments in same-day shipping and in-store pick up drew more customers.
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