Target Logistics Raises Earnings Forecast

Click here to write a Letter to the Editor.

reight forwarder Target Logistics said Wednesday that it expects its revenue to increase 12% to 14% and its net income to rise 70% to 110% for fiscal 2006 over last year 2005.

That range would yield 12 to 15 cents per share for Target's fiscal year, which ends June 30, the company said in a statement.

The company will report its second-quarter results in February, said Stuart Hettleman, Target’s chief executive officer.