Target stock just plunged nearly 11% in premarket trading, falling to around $98.19, even after beating Wall Street’s earnings expectations. The retailer reported Q2 adjusted EPS of $2.05 versus $2.03 expected and sales of $25.21 billion versus $24.93 billion. But despite the earnings beat, comparable sales fell 1.9%, operating income dropped 19%, and margins slipped as shoppers cut back. Outgoing CEO Brian Cornell warned investors that tariffs will bring short-term pressure to the company’s financials. Meanwhile, Target announced that COO Michael Fiddelke will succeed Cornell as CEO in 2026. Is this a temporary tariff problem, or is Target falling further behind Walmart? #TargetStock #StockMarket #TargetCEO 🌐 Want more market-moving insights? Dive deeper at benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Let’s stay connected! Follow us for real-time updates, market tips, and exclusive content:...