Walmart (WMT) Gains on Raised Guidance, Analyst Sees More Upside Than Downside
- Wall St slips as higher yields offset upbeat corporate earnings
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices slip as U.S. business activity cools, concerns over Middle East ease
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Walmart (WMT) PT Raised to $161 at Jefferies
August 17, 2022 7:59 AM EDTJefferies analyst Stephanie Wissink raised the price target on Walmart (NYSE: WMT) to $161.00 (from $151.00) while maintaining a Buy rating following results.
The analyst commented, "Q2 made progress on costs & inventory, yet inflation pacing & mix shift persisted in bearing down on margins. Encouraging... More
Walmart (WMT) Has Canceled `Billions Of Dollars' In Orders, CFO Says - Bloomberg
August 16, 2022 8:18 AM EDTWalmart (NYSE: WMT) Has Canceled `Billions Of Dollars' In Orders, CFO Says - Bloomberg
... More