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WMT

Walmart

$67.39

-0.59 (-0.87%)

18:40
10/11/16
10/11
18:40
10/11/16
18:40

Wal-Mart hikes salaries for entry-level management, Reuters reports

In an attempt to avoid unpredictable additional costs for salaried employees, Wal-Mart has increased salaries for entry-level managers before a rule change that extends mandatory overtime pay to more than 4M U.S. workers, Reuters reports. Wal-Mart hiked salaries from $45,000 to $48,500 annually for employees including store management, according to spokesman Randy Hargrove. Reference Link

  • 23

    Oct

  • 17

    Nov

WMT Walmart
$67.39

-0.59 (-0.87%)

09/29/16
KEYB
09/29/16
INITIATION
Target $90
KEYB
Overweight
Wal-Mart initiated with an Overweight, momentum building, says KeyBanc
As previously reported, KeyBanc initiated Wal-Mart with an Overweight and a $90 price target. Analyst Edward Yruma believes Wal-Mart's investments in e-commerce and technology will drive sustainable market share gains and return the company to both consistent revenue and EBITDA growth in 2017.
09/30/16
GUGG
09/30/16
INITIATION
Target $82
GUGG
Buy
Wal-Mart initiated with a Buy at Guggenheim
Guggenheim analyst Robert Drbul initiated Wal-Mart with a Buy and a $82 price target saying it is successfully adapting to the rapidly changing consumer environment and remains laser focused on improving its critical U.S. supercenter business.
09/30/16
09/30/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Amazon.com (AMZN) initiated with a Buy at Guggenheim. 2. Wal-Mart (WMT) initiated with an Overweight at KeyBanc and a Buy at Guggenheim. 3. Harley-Davidson (HOG) initiated with a Hold at Jefferies. 4. Coach (COH) was initiated with a Buy at Guggenheim while the firm initiated Michael Kors (KORS) with a Neutral. 5. First Solar (FSLR) initiated with a Buy at Williams Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/07/16
BARD
10/07/16
NO CHANGE
Target $80
BARD
Outperform
Wal-Mart moving into next phase of transformation, says Baird
Baird analyst Peter Benedict said the Wal-Mart analyst meeting highlighted the next phase of the company's transformation. The analyst believes the convergence of initiatives will help sustain the company's current momentum, which is seeing traction across many aspects of its business. Benedict believes the strategy is the right one for the business and investors over the long-term. Benedict maintained his Outperform rating and $80 price target on Wal-Mart shares.

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VZ

Verizon

$53.46

1.55 (2.99%)

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VZ

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