Wal-Mart profit misses estimates; cuts outlook as pharmacy margins bite
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UBS Cuts Price Target on Wal-mart (WMT) to $75 Following 2Q16
August 19, 2015 10:07 AM EDTUBS maintained a Neutral rating on Wal-Mart (NYSE: WMT), and cut the price target to $75.00 (from $80.00) Wal-mart (NYSE: WMT), following the company's 2Q16 earnings results. The company reported its 2nd strongest quarter of traffic growth since 3Q10. WMT reported... More
The Most Important Thing to Stop the Bloodletting in Wal-Mart (WMT) Stock
August 19, 2015 7:44 AM EDTDown 3.4% yesterday following earnings and down 19% year-to-date given miscalculations and intense pressure from online retailers, investors in Wal-Mart (NYSE: WMT) may be wondering if the stock will ever find a bottom. However, one thing may be able to save the stock... the dividend.
In a note to clients today, Credit Suisse analyst Michael Exstein... More
