Updates
** Supermarket chain Target's TGT.N shares down 5.3% at $114.31 after being up around 4% premarket
** Expects annual comparable sales to be about flat, compared with analysts' expectations of 1.8% increase, according to data compiled by LSEG
** Says new tariffs on imports from Mexico and Canada, which took effect on Tuesday, could increase prices "over the next couple of days" for seasonal produce such as avocados
** Co warns uncertainty around tariffs would weigh on the retailer's profit in the first quarter and doubled down on sourcing more of its products from countries including Guatemala
** Including session's move, TGT stock has fallen 15.4% YTD
(Reporting by Aamir Sohail in Bengaluru)
((Aamir.Sohail@thomsonreuters.com;))
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