Capital One shares tumble as Walmart sues credit card partner, seeks to terminate deal - WSJ

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Walmart (WMT) membership hits record high, claims Morgan Stanley

April 10, 2023 9:41 AM EDT

Walmart's (NYSE: WMT) membership reached a record 19.3 million members, according to Morgan Stanley's latest AlphaWise Consumer Pulse Survey.

Analyst Simeon Gutman, who has an Overweight rating and $160 price target on Walmart, said the company's membership total addressable market (TAM) moved lower, suggesting the... More

Capital One Financial (COF) falls as Walmart sues to end credit card partnership

April 10, 2023 7:32 AM EDT

Capital One Financial (NYSE: COF) is down sharply in pre-open trading Monday as Walmart (NYSE: WMT) sues the company to end its credit card partnership early, according to the Wall Street Journal.

Walmart alleges... More

Walmart (WMT) PT Raised to $170 at Wells Fargo

April 10, 2023 6:22 AM EDT

Wells Fargo analyst Ed Kelly raised the price target on Walmart (NYSE: WMT) to $170.00 (from $155.00) while maintaining a Overweight rating.... More

Walmart (WMT)+ at Record ~19.3m Members - MS

April 10, 2023 5:59 AM EDT

Morgan Stanley analyst Simeon Gutman reiterated an Equalweight rating and $160.00 price target on Walmart (NYSE: WMT).

"Walmart+ membership reached a record ~19.3m in our latest survey (~15% penetration). Membership "TAM" moved lower, suggesting conversion of newly interested members. No disclosures at WMT's Meeting last week,... More

Walmart (WMT) Positioned to Re-Rate by Winning on the Algo, Supply Chain, Technology and Innovation - CS

April 10, 2023 5:47 AM EDT

Credit Suisse analyst Karen Short reiterated an Outperform rating and $170.00 price target on Walmart (NYSE: WMT).

"We maintain our positive view on the stock, given WMTs defensive characteristics in a weak macro, which should continue to play out in the near... More

Walmart Sues Capital One To End Credit-Card Partnership - WSJ

April 7, 2023 7:15 PM EDT

Walmart (NYSE: WMT) Sues Capital One (NYSE: COF) To End Credit-Card Partnership - WSJ

... More

Walmart (WMT) plans expansion of EV charging network across America

April 6, 2023 10:59 AM EDT

Walmart Inc. (NYSE: WMT) announced Thursday that the American retailer plans to build their own EV fast-charging network at thousands of Walmart and Sams Club locations across the country by 2030. This would be in addition to the almost 1,300 EV fast-charging stations already available at more than 280 U.S. facilities.

Vishal Kapadia, Senior Vice President of Energy Transformation at Walmart, wrote in the... More

Walmart (WMT) PT Raised to $170 at UBS

April 6, 2023 7:18 AM EDT

UBS analyst Michael Lasser raised the price target on Walmart (NYSE: WMT) to $170.00 (from $168.00) while maintaining a Buy rating.... More