Jefferies Maintains “Hold” on Wal-Mart; Are Expectations Too High?

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Jefferies Maintains “Hold” on Wal-Mart; Are Expectations Too High?

WMT

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - August 17, 09:04AM from (www.dividend.com)

Retail superpower Wal-Mart Stores, Inc. (WMT) on Friday caught some tepid commentary from anlaysts at Jefferies & Co. The firm reiterated its "Hold" rating and $74 price target on WMT, suggesting a small upside to the stock's Wednesday closing price of $72.15. A Jefferies analyst commented, "Expectations were high going into Q2 and while EPS ...

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