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Fly News Breaks for July 20, 2016
WMT
Jul 20, 2016 | 07:21 EDT
Jefferies analyst Daniel Binder raised his price target for Wal-Mart to $85 from $82 saying the retailer in Q2 expanded its third-party marketplace and online grocery buy and in-store pickup. He believes the rollout of Walmart Pay and free trial of ShippingPass were well received. Binder remains comfortable with his above-consensus sales estimate for Q2 and keeps a Buy rating on the shares.
News For WMT From the Last 2 Days
WMT
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 09:50 EDT
After Walmart (WMT) and Vizio (VZIO) pulled and refiled their notification under the Hart-Scott-Rodino Act Wednesday, Dealreporter told its readers that the move "may have investors wondering if this could become another Amazon (AMZN) and iRobot (IRBT) situation," contacts tell The Fly. While the M&A-focused publication said "there are traces of that same dynamic here," it added that "this pull-and-refile suggests this deal is on stronger footing than AMZN-IRBT," according to contacts. The news service sees "a genuine chance that this deal could get a prolonged look from regulators due to some of the similar dynamics at play compared to IRBT and AMZN," it reportedly said.