Walmart Selects Spartanburg County for New High-Tech Grocery Distribution Center
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq futures jump 2% as Micron, Qualcomm forecasts ease AI concerns; PCE data awaited
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Walmart (WMT) Added to Goldman's Conviction Buy List, Target (TGT) Removed
October 19, 2021 6:48 AM EDTGoldman Sachs analyst Kate McShane has added the Buy-rated Walmart (NYSE: WMT) to the bank's 'Americas Conviction Buy List' while removing the Buy-rated Target (NYSE: TGT) from the same list.
Walmart is added as the company has improved its ability to grow EBIT dollars along with continued investments, which we think will gain investor attention as the company executes over the coming year, McShane said in a client note.
The analyst also takes note of the recent stock underperformance which yields an attractive entry point... More
