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WMT

Walmart

$99.05

0.4 (0.41%)

, AMZN

Amazon.com

$1,818.45

21.09 (1.17%)

08:11
03/22/19
03/22
08:11
03/22/19
08:11

Walmart's Jetblack service could be 'secret weapon' in Amazon battle, WSJ says

Walmart's (WMT) Jetblack personal shopping service could be its "secret weapon" as it looks to battle Amazon (AMZN), The Wall Street Journal's Sarah Nassauer reports. Reference Link

WMT

Walmart

$99.05

0.4 (0.41%)

AMZN

Amazon.com

$1,818.45

21.09 (1.17%)

  • 26

    Mar

  • 04

    Apr

  • 16

    May

WMT Walmart
$99.05

0.4 (0.41%)

03/14/19
RHCO
03/14/19
NO CHANGE
Target $90
RHCO
Buy
Green Dot price target lowered to $90 from $100 at SunTrust
SunTrust analyst Andrew Jeffrey lowers his price target on Green Dot (GDOT) to $90 to reflect the rising "equity risk premium" but also keeps his Buy rating and recommends that investors "add aggressively" into the stock price weakness. The analyst contends that the market is "overstating risk around the MoneyCard renewal at Walmart (WMT)", noting that as Green Dot's most important customer, the risk of losing this business is at near-zero. Jeffrey is also not concerned about the potential for higher BaaS competition given the large total addressable market , stating that Green Dot still retains its "first-mover advantage, vertical integration and reference customers" benefits.
03/20/19
EVER
03/20/19
INITIATION
Target $95
EVER
In Line
Walmart initiated with an In Line at Evercore ISI
Evercore ISI analyst Greg Melich initiated Walmart with an In Line rating and $95 base case price target. He thinks its steady cash flow generation, premium dividend, and "fortress balance sheet" have value in the current environment, but he believe that its safe haven status is largely understood and reflected in its current valuation.
03/21/19
LOOP
03/21/19
NO CHANGE
Target $102
LOOP
Hold
Walmart grocery sales productivity outperforming supermarkets, says Loop Capital
Loop Capital analyst Andrew Wolf kept his Hold rating and $102 price target on Walmart (WMT), saying the company's U.S. grocery comps outperformed the supermarket chains in 2018 as it has since 2016, even though the gap has narrowed. The analyst notes that Kroger (KR) made the biggest strides last year, and that the company was also the best performer in the 2013-2015 period supermarkets last made strong market share gains. Looking ahead, Wolf says the accelerating food-price inflation anticipated by the USDA could also "bode well for continued further same-store sales acceleration for both Walmart and the grocers in 2019."
03/22/19
UBSW
03/22/19
NO CHANGE
Target $280
UBSW
Buy
Costco price target raised to $280 from $270 at UBS
UBS analyst Michael Lasser raised his price target on Costco (COST) to $280 and kept his Buy rating as part of his deep dive analysis into warehouse clubs. The analyst says the model "remains relevant" and has a "sturdy place" in the omnichannel world, noting that his survey of 1.5K shoppers shows that consumers are loyal to the concept. Lasser cites 91% of Costco members responding that they are "very or somewhat likely to renew", which outpaces intentions recorded at Sam's Club (WMT) and BJ's (BJ). The analyst further notes that Costco has produced 8 consecutive quarters of mid-single-digit core comp growth, suggesting the company's "leadership in this category".
AMZN Amazon.com
$1,818.45

21.09 (1.17%)

03/20/19
KEYB
03/20/19
NO CHANGE
KEYB
Google's Stadia announcement potentially disruptive, says KeyBanc
KeyBanc analyst Evan Wingren attended Google's (GOOG; GOOGL) keynote at Game Developer's Conference, where it announced a new video game streaming service, new gaming hardware, and intentions to make games. The analyst believes the announcement has potential to be disruptive if Google executes well on the service, and sees it as mostly positive for video game publishers in the near and long term as it increases global access, removes value added by hardware, and increases value of key content. Google's ambitions to make games join other distributors like Sony (SNE), Microsoft (MSFT), and Amazon (AMZN), and could provide some incremental competition for time in the medium to long term, Wingren contends.
03/20/19
EVER
03/20/19
INITIATION
Target $1965
EVER
Outperform
Amazon.com initiated with an Outperform at Evercore ISI
Evercore ISI analyst Greg Melich initiated co-coverage of Amazon.com with the firm's Internet Team, led by Anthony DiClemente. They have an Outperform rating and $1,965 base case price target on the stock, citing the view that the company will continue to change "the way we shop and live." While the company's percentage growth might slow, its dollar growth and profitability are improving, Melich noted.
03/20/19
JEFF
03/20/19
NO CHANGE
JEFF
Amazon risk still manageable for beauty retailers, says Jefferies
Jefferies analyst Stephanie Wissink said Amazon's (AMZN) launch of a value priced private label skincare brand, Belei, "came as a bit of a surprise," adding that her sense from contacts inside and outside of the e-commerce company is that the launch is meant to establish a stronger presence, refine a more robust beauty platform and provide data to improve access to national brands. Wissink said it has become increasingly competitive for smaller brands to get into Sephora and Ulta (ULTA) and she expects Amazon to gain access to a growing number of small brands. Wissink points to Ulta's recent strong report as an indicator that with the right, curated assortment, the company is able to protect its position and gain share. Publicly traded skincare and beauty product makers include Estee Lauder (EL), Revlon (REV), Coty (COTY) and e.l.f. Beauty (ELF).
03/21/19
DADA
03/21/19
NO CHANGE
Target $2450
DADA
Buy
Amazon.com 10-k highlights India investment risks, says DA Davidson
DA Davidson analyst Tom Forte kept his Buy rating and $2,450 price target on Amazon after reviewing its 10-K filing. The analyst says the company reiterated its concerns with investing in India which is "actively considering changing its foreign investment rules." While it remains unclear how the regulation would impact Amazon's business in the country, the analyst states that its "heavy investment" in the county over the past several years and sees the possibility of regulatory changes as a "material threat".

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