Wal-mart (WMT) Ratings Affirmed by Moody's Amid New Common Stock Buyback Plan Announcement

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Cowen Cuts Price target on Wal-mart (WMT) to $66 Following Investor Day

October 15, 2015 6:49 AM EDT

Cowen 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

Credit Suisse Downgrades Wal-Mart (WMT) to Neutral

October 15, 2015 6:30 AM EDT

Credit Suisse downgraded Wal-Mart (NYSE: WMT) from Outperform to Neutral with a price target of $62.00 (from $85.00) after the company reset expectations yesterday at its investor meeting.

Analyst M. Exstein commented, "In its meeting with the financial community yesterday, Wal-Mart attempted to "reset"... More