Walmart's stock soared to an all-time high, while Target's plummeted to a 52-week low following disappointing earnings. Target reported its largest earnings miss in two years, attributing it to a decline in discretionary spending and increased costs, while Walmart raised its full-year forecast, benefiting from a stronger sales performance and gaining upper-income shoppers. Analysts express concerns over Target's market share loss to competitors like Walmart and Amazon, highlighting issues with its merchandise mix and execution.
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