Bullish Options Activity in Wal-Mart (WMT) Post Earnings Announcement -Susquehanna

Wal-Mart (WMT) PT Raised to $80 at UBS; Remains Neutral

May 19, 2017 10:57 AM EDT

UBS raised its price target on Wal-Mart (NYSE: WMT) to $80.00 (from $73.00) while maintaining a Neutral rating. WMT reported a 1.4% increase in 1Q revenue to $117.5 bn, with net sales up 1.3% to $116.5 bn.

WMT's guidance implies ~10 bps of OM contraction next Q. Analyst... More

Wal-Mart (WMT) PT Raised to $80 at UBS on 1Q Report; 'Expect Top-Line Momentum to Continue'

May 19, 2017 10:40 AM EDT

UBS raised its price target on Wal-Mart (NYSE: WMT) to $80.00 (from $73.00) while maintaining a Neutral rating, following the company's first quarter earnings report.

Analyst Micahel Lasser notes the company delivered earnings per share figures and U.S. traffic growth above consensus expectations due... More

Wal-Mart (WMT) PT Raised to $76 at Buckingham Research Following 1Q Report; 'Most Metrics Moving in Right Direction'

May 18, 2017 12:54 PM EDT

Buckingham Research raised its price target on Wal-Mart (NYSE: WMT) to $76.00 (from $73.00) while maintaining a Neutral rating, following the company's first quarter operating results.

Analyst John Zolidis notes the company delivered earnings per share above consensus with comps in-line with guidance,... More

Wal-Mart (WMT) PT Raised to $79 at Stifel Following 1Q

May 18, 2017 9:51 AM EDT

Stifel raised its price target on Wal-Mart (NYSE: WMT) to $79.00 (from $72.00) while maintaining a Hold rating. Wal-Mart Stores reported 1Q results with EPS of $1.00, compared to consensus of $0.96. U.S. comp store sales growth of 1.4% was in line with consensus and guidance.

For 2Q,... More

Wall Street rebounds after steepest selloff in months

May 18, 2017 7:37 AM EDT

By Sinead Carew

(Reuters) - Wall Street rebounded on Thursday from its biggest selloff in more than eight months with help from a move to loosen internet regulations and strong economic data.

Investors were still watching Washington closely after reports the U.S. President tried to interfere with an investigation into former National Security Adviser Michael Flynn's ties with Russia.

"We could be just shaking off the jitters here. Yesterday, investors were really worried," said Janna Sampson, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

Investors were likely relieved, she said, by last... More

Wal-mart (WMT) Tops Q1 EPS by 4c, U.S. Comps Increase 1.4%

May 18, 2017 7:04 AM EDT

Wal-mart (NYSE: WMT) reported Q1 EPS of $1.00, $0.04 better than the analyst estimate of $0.96. Revenue for the quarter came in at $117.5 billion versus the consensus estimate of $117.74 billion.

Walmart U.S. comp sales increased 1.4%, driven by a traffic increase of 1.5%. Comp traffic increased 3.0% on... More