Wall Street climbs on hopes of easing trade tensions
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November 16, 2018 8:09 AM EST
Stephens analyst Ben Bienvenu raised the price target on Wal-Mart (NYSE: WMT) to $117.00 (from $115.00) while maintaining a Overweight rating following the company's 3Q earnings report. WMT reported adjusted EPS of $1.08, vs. consensus estimates of $1.01. U.S. comps were up 3.4%, vs. consensus estimate of... More
November 16, 2018 7:31 AM EST
KeyBanc analyst Edward Yruma raised the price target on Wal-Mart (NYSE: WMT) to $112.00 (from $107.00) while maintaining a Overweight rating. WMTs +3.4% comp points to a strong position heading into holiday.
One of the central components of our bullish thesis is that WMT's... More
November 15, 2018 11:23 AM EST
After opening sharply lower following weak results/outlook, J.C. Penney (NYSE: JCP) is now up 7.8%.
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