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Fly News Breaks for August 17, 2017
WMT
Aug 17, 2017 | 13:24 EDT
Baird analyst Peter Benedict says Wal-Mart this morning posted good Q2 results with solid comps that fell generally in-line with consensus expectations. Despite a "somewhat elevated" valuation, the analyst keeps an Outperform rating on the shares due to continued top-line momentum an improving profit profile.