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Fly News Breaks for May 19, 2017
May 19, 2017 | 08:41 EDT
As noted earlier, BMO Capital upgraded Wal-Mart to Market Perform from Underperform. Analyst Wayne Hood says the outlook of the company's sales and transaction growth has improved in the wake of its Q1 results. However, he adds that the retailer continues to face "many challenges." Target to $80 from $63.
News For WMT From the Last 2 Days
Jul 25, 2017 | 13:40 EDT
Walmart calls active. The stock up $1.70 to $78.59 amid broad strength in the retailers and Sep 80 calls trade across the exchanges Tuesday morning for 93 and 95c per contract. 12K trade against 6.9K open interest and the market lifted to $1.21 to 1.25. Sep 80 calls are 1.8% above spot and capture 8/17 earnings.
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