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Jefferies Maintains Hold Saying Wal-mart (WMT) Supercenters are Stagnating

May 20, 2015 7:59 AM EDT

Jefferies maintains a Hold rating and $77.00 price target on Wal-Mart (NYSE: WMT) following Q&A sessions. Analyst Daniel Binders said that supercenters are stagnating and that inventory push and pull is off balance.

Binders commented on WMT, saying, "We like the narrative around improving customer experience longer-term, but... More