Target Corporation shares rise 1.24% premarket after Target Hospitality signs multi-year lease and services agreement.

Target Corporation rose 1.24% in premarket trading, with the company announcing a multi-year lease and services agreement to construct and provide comprehensive facility services and hospitality solutions supporting the development of a regional data center campus located in the Southwestern United States. The company will construct and provide full turnkey support for the Data Center Community, including premium culinary offerings, facilities management, and comprehensive support.