Wal-Mart (WMT) Raising Wages to $9/Hour by April, Then $10/Hour By Early Next Year

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Wal-Mart (WMT) PT, Estimates Cut at Jefferies

February 20, 2015 8:12 AM EST

Jefferies analyst Daniel Binder lowered estimates and his price target on Hold-rated Wal-Mart (NYSE: WMT) price target of $77.00 (from $82.00) following Q4 results and news the company will raise wages.

Binder commented, "Wage increases reflect a need to close the gap with other retailers... More

Barclays Downgrades Wal-Mart (WMT) to Equalweight

February 20, 2015 6:43 AM EST

Barclays downgraded Wal-Mart (NYSE: WMT) from Overweight to Equalweight with a price target of $85.00 (from $90.00).

For an analyst ratings summary and ratings history on Wal-Mart click here. For more ratings news on Wal-Mart click here.

Shares of Wal-Mart closed at $83.52 yesterday.

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