The average brokerage recommendation (ABR) for Walmart (WMT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Amazon (AMZN) opens its third Amazon Go store in Los Angeles to bolster its physical footprint.
Fortune Brands (FBHS) reaches an $800 million deal with Assa Abloy to acquire its Emtek and Yale businesses. The deal is contingent upon the closing of Spectrum Brands' sale of HHI to Assa Abloy.