Wal-mart's (WMT) Fall Shows Who the Real Retail Giant Is
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Cowen Cuts Price target on Wal-mart (WMT) to $66 Following Investor Day
October 15, 2015 6:49 AM EDTCowen maintained a Market Perform rating on Wal-Mart (NYSE: WMT), and cut the price target to $66.00 (from $77.00), following an investor day. WMTs NYC Investor Day was primarily focused on the WMT US division and e-com business as these two segments are the primary top-line... More
Credit Suisse Downgrades Wal-Mart (WMT) to Neutral
October 15, 2015 6:30 AM EDTCredit Suisse downgraded Wal-Mart (NYSE: WMT) from Outperform to Neutral with a price target of $62.00 (from $85.00) after the company reset expectations yesterday at its investor meeting.
Analyst M. Exstein commented, "In its meeting with the financial community yesterday, Wal-Mart attempted to "reset"... More
Others Will Follow Wal-mart (WMT): Bill Gross
October 14, 2015 11:54 AM EDTCommenting on today's carnage in Wal-mart (NYSE: WMT), Janus Capital's Bill Gross said, "Wal-Mart is visible example of change in profit / labor force imbalance. Others will follow. Negative for risk... More
Wal-mart (WMT) Shareholders Take It On the Chin from Wage Hikes
October 14, 2015 11:38 AM EDTShares of retail giant Wal-mart (NYSE: WMT) are reeling after the company issued a steep profit warning... More
UPDATE: Target (TGT), Other Retail Peers Trade Lower in Sympathy with Wal-mart (WMT)
October 14, 2015 10:45 AM EDT(Updated - October 14, 2015 10:54 AM EDT)
Target (NYSE: TGT) traded lower in sympathy with Wal-mart (NYSE: WMT) following comments during Wal-mart's annual meeting. Shares of Wal-mart fell by over 6.4% after it... More
