Investing.com - Stocks in focus in pre-market trade Wednesday:

• Target (NYSE:TGT) stock soared 6.03% by 8:02 AM ET (12:02 GMT) as its second-quarter revenue, earnings and same-store sales beat consensus and the company raised its full-year guidance.

• Lowe’s (NYSE:LOW) stock sank 2.78% as the company cut its full-year profit and sales forecast.

• La-Z-Boy (NYSE:LZB) stock surged 17.54% after the company reported quarterly results that topped consensus on the top and bottom lines.

• Urban Outfitters (NASDAQ:URBN) stock rose 5.58% as the company reported record second-quarter sales and profit that beat expectations.

• Momo (NASDAQ:MOMO) stock jumped 6.72% as the company reported second-quarter results that topped consensus and guided third-quarter revenue above expectations.

• EXACT Sciences (NASDAQ:EXAS) rocketed 15.90% after announcing an agreement with Pfizer (NYSE:PFE) to co-promote a screening test for colorectal cancer.