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Fly News Breaks for February 21, 2018
WMT
Feb 21, 2018 | 07:37 EDT
KeyBanc analyst Edward Yruma says he would take advantage of Walmart weakness to add to positions in "one of the best fundamental long-term stories" in his coverage. The analyst believes price investments should weigh less on gross margin in 2018 and incremental investment spend will be funded by lower tax rates. He reiterates an Overweight rating and $112 price target on the shares.
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