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Wal-Mart (WMT) PT Lowered to $107 at Goldman Sachs; Reiterates Buy
February 21, 2018 8:12 AM ESTGoldman Sachs lowered its price target on Wal-Mart (NYSE: WMT) to $107.00 (from $113.00) while maintaining a Buy rating following the company's 4Q. Domestic sales momentum came at a cost, as US gross margin declined more than modeled. US ecommerce sales growth slowed to... More
Bernstein Reiterates Market Perform on Walmart (WMT) Following 4Q
February 21, 2018 7:15 AM ESTBernstein reiterated a Market Perform rating and $104.00 price target on Wal-Mart (NYSE: WMT) following the company's 4Q earnings report. US Q4 comps grew 2.6%, and Walmart's two-year stack performance was the best in eight years. Comps were driven by traffic growth of 1.6% and ticket... More
