Pre-Open Movers: Walmart Gains Following Earnings Beat, Zoom Falls on Downgrade
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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
Home Depot (HD) PT Lowered to $392 at Jefferies
August 17, 2022 7:58 AM EDTJefferies analyst Jonathan Matuszewski lowered the price target on Home Depot (NYSE: HD) to $392.00 (from $400.00) while maintaining a Buy rating.
The analyst commented, "Following our initial take on 2Q (here), we came away from the call encouraged by broad-based strength across geographies & merchandise categories. With... More
