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Check out which companies are making headlines before the bell:
Target — The retailer fell 6 cents a share short of estimates, with adjusted quarterly profit of $1.45 per share. Revenue also came up short, as did its comparable-store sales and full-year 2017 forecast. Sales declined for the sixth consecutive quarter.
Valeant Pharmaceuticals — The drugmaker earned an adjusted $1.26 per share for the fourth quarter, beating estimates by 7 cents. a share. Revenue also beat Street forecasts. The company said its core business has strengthened and has been successfully resolving its legacy issues. The company did, however, post a third straight quarter of double-digit revenue declines, on declining sales and falling prices.
Autozone — The auto parts retailer earned $8.08 per share for its latest quarter, missing estimates by 11 cents a share. Revenue also missed estimates. Same-store sales came in flat, and the company saw higher supply chain costs weigh on its overall results.