Why Investors Snubbed Target's Earnings but Cheered Walmart's

Key TakeawaysWalmart and Target both recently reported earnings that beat analysts' estimates, but investors reacted differently to their results.Walmart's stock price jumped after the retailer posted its first-quarter financial results, while Target's stock price tumbled after it released its earnings report.Both retailers highlighted how inflation is affecting customers' habits, with spending focused on necessities amid a pullback on discretionary items. However, those trends appeared to benefit Walmart m ...