Target's holiday outlook isn't very merry
WPLG -

First, the good news for Target. The struggling retailer actually had a decent third quarter. Profits and sales topped Wall Street's forecasts. Now, for the bad news. Target's outlook for the fourth quarter isn't particularly jolly. And that's got investors spooked.

Shares of Target fell 8% in early trading Wednesday after the retailer said it expects fourth quarter earnings to be between $1.05 and $1.25 a share. Wall Street was expecting a profit of $1.24 a share, so the low end of the range is...

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