UPDATE: Target (TGT), Other Retail Peers Trade Lower in Sympathy with Wal-mart (WMT)
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Stephens Downgrades Wal-Mart (WMT) to Equal Weight
October 15, 2015 7:44 AM EDTStephens downgraded Wal-Mart (NYSE: WMT) from Overweight to Equal Weight with a price target of $58.00.
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 $60.03 yesterday.
... MoreCowen Cuts Price target on Wal-mart (WMT) to $66 Following Investor Day
October 15, 2015 6:49 AM EDTCowen maintained a Market Perform rating on Wal-Mart (NYSE: WMT), and cut the price target to $66.00 (from $77.00), following an investor day. WMTs NYC Investor Day was primarily focused on the WMT US division and e-com business as these two segments are the primary top-line... More
BofA/Merrill Lynch Downgrades Wal-Mart (WMT) to Neutral
October 15, 2015 6:41 AM EDTBofA/Merrill Lynch downgraded Wal-Mart (NYSE: WMT) from Buy to Neutral with a price target of $65.00.
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 $60.03 yesterday.
... MoreWal-mart's (WMT) Fall Shows Who the Real Retail Giant Is
October 14, 2015 12:48 PM EDTWal-mart's (NYSE: WMT) reign as top retailer took a hit today.
With shares sliding as much as 9.9 percent, Wal-mart's market cap is now below $200 billion.
Amazon.com (Nasdaq: AMZN) is currently trading with a market... More
Wal-mart (WMT) Updates on Strategic Outlook; Sees FY17 EPS Down 6% - 12% from FY16
October 14, 2015 10:49 AM EDTWal-mart (NYSE: WMT) provided its strategic outlook and growth plans for the future at the companys 22nd annual meeting for the investment community. The investments outlined today are part of a framework designed to drive sales growth by strengthening the U.S. and e-commerce businesses. This framework is intended to enhance the experience in stores, leverage Walmarts unique supply chain capabilities to lower costs and build deep digital relationships with customers.
These are exciting times in retail given the pace and magnitude of change. We have strengths and assets to build... More
UPDATE: Wal-mart (WMT) CFO Holley Sees Adding $45B - $60B of Sales in Next Three Years
October 14, 2015 10:33 AM EDT(Updated - October 14, 2015 10:39 AM EDT)
Wal-mart (NYSE: WMT) CFO Charles Holley says net sales growth relatively flat for 2016.
Holley also said that... More
