Goldman Sachs Downgrades Wal-Mart de Mexico (WMMVY) to Neutral

August 10, 2011 8:33 AM EDT
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Price: $28.11 --0%

Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 9 | New: 6
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Goldman Sachs downgraded Wal-Mart de Mexico (OTC: WMMVY) to Neutral with a price target of P$30.42.

The firm said their thesis of accelerating sales momentum on a pick-up in macro conditions no longer applies.

For more ratings news on Wal-Mart de Mexico click here and for the rating history of Wal-Mart de Mexico click here.

Shares of Wal-Mart de Mexico closed at $24.45 yesterday.


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