Wal-Mart (WMT) PT Raised to $116 at Deutsche Bank

Wal-Mart (WMT) PT Raised to $117 at Stephens Following 3Q Report

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

Wal-Mart (WMT) PT Raised to $112 at KeyBanc

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

Strong U.S. economy boosts Walmart's third-quarter sales

November 15, 2018 7:16 AM EST

By Nandita Bose

NEW YORK (Reuters) - Walmart Inc (NYSE: WMT) reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online.

The retailer's profits, however, continued to be under pressure. Margins were impacted as Walmart absorbed higher transportation costs and invested heavily in its online business.

Walmart's shares, which traded up premarket and opened higher, reversed course in early trade. Shares were down 1.04 percent at $100.47 per... More

Walmart (WMT) Tops Q3 EPS by 7c, Sees FY Comps Ex-Fuel of at Least 3%

November 15, 2018 7:04 AM EST

(Updated - November 15, 2018 7:10 AM EST)

Walmart (NYSE: WMT) reported Q3 EPS of $1.08, $0.07 better than the analyst estimate of $1.01. Revenue for the quarter came in at $124.9 billion versus the consensus estimate of $125.55 billion.

Walmart U.S. Q3 comp sales grew 3.4%... More