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Stifel analyst Mark Astrachan maintains Hold rating and raises price target on Wal-Mart Stores Inc. (NYSE: WMT) to $72 (from $70), noting better anticipated sales growth across multiple business segments, leading to an increase in the companys estimates.
Astrachan writes, "We lift our F2018 and F2019 EPS... More
Wal-mart (NYSE: WMT) reported Q4 EPS of $1.30, $0.01 better than the analyst estimate of $1.29. Revenue for the quarter came in at $130.9 billion versus the consensus estimate of $131.38 billion.
Walmart U.S. Q4 comps grew 1.8% and Walmart U.S. eCommerce GMV grew 36.1%.
Fourth-quarter... More

