It came after the company issued a strong forecast the second quarter.
The firm revealed it expects second-quarter profits to be at the high end of its previous per-share guidance of between 95 cents and $1.15 per share.
Our team is energized and focused on enhancing and modernizing the Target shopping experience, and our guests are responding," chief executive Brian Cornell told the statement.
Meanwhile, analysts expect Commerce Bancshares Inc (NASDAQ: CBSH), which is reporting ahead of the open, to have earned $0.7 per share on revenue of $306.04mln.
S shares are down 0.07% in pre-market.
Taking that trend further, Tech group DragonWave Inc (NASDAQ: DRWI) shares are plummeting over 18% lower in pre-market.
The firm has reported a first quarter loss of $0.52 per share on revenue of $9mln.