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Fly News Breaks for February 20, 2018
WMT
Feb 20, 2018 | 15:54 EDT
Baird analyst Peter Benedict lowered his price target for Walmart to $105 from $110 following quarterly results but remains encouraged by strong U.S. comp trends and believes e-Commerce re-acceleration is likely as 2018 unfolds. The analyst believes the selloff in the shares seems "overdone" and reiterates an Outperform rating on the stock.
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