UPDATE: UBS Starts Wal-Mart (WMT) at Buy, Sees New Highs on Back of Consistent Sales Growth
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Wal-Mart (WMT) Sees Mid-day Weakness, Shares Down 1.8%
April 18, 2013 11:55 AM EDTWal-Mart Stores Inc. (NYSE: WMT) is seeing notable mid-day weakness which appear to be related to negative analyst commentary about weak trends.
The comments are in contrast to earlier comments from Jefferies, which said business is tracking around flat, which is in-line with plan.
Shares are down 1.8 percent.... More