Wal-Mart lowers expansion plan for smaller format stores

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UBS Cuts Price Target on Wal-mart (WMT) to $75 Following 2Q16

August 19, 2015 10:07 AM EDT

UBS 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