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Actionable news in WMT: WAL-MART STORES Inc,

Target forecasts rise in 2nd-qtr comp sales, higher profit

* Had previously forecast low-single digit drop in comp sales

* Sees profit above forecast range of $0.95-$1.15/shr

* Shares up almost 6 pct premarket (Adds details, updates shares)

July 13 (Reuters) - Target Corp said on Thursday it expects a "modest" increase in second-quarter comparable sales, the first rise in five quarters, helped by improved traffic and sales trends in the first two months of the quarter ending July.

The retailer had previously forecast a low...


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