|Bid||103.63 x 200|
|Ask||105.48 x 100|
|Day's range||103.62 - 104.94|
|52-week range||65.28 - 104.94|
|PE ratio (TTM)||27.69|
|Earnings date||20 Feb 2018|
|Forward dividend & yield||2.04 (2.03%)|
|1y target est||104.77|
Oppenheimer Initiates Coverage of Dollar Tree, Dollar GeneralOppenheimer sets an “outperform” rating for Dollar Tree and Dollar General
Wal-Mart is "still very much in control of its own destiny," says Goldman Sachs, which upgraded the retail giant to a buy from neutral on Thursday, adding the stock to its "conviction" list.
Wal-Mart has trademarked "Wam by Walmart" as the world's largest retailer continues to push ahead with grocery delivery pilot programs and e-commerce expansion.
Safe medication disposal, though a key facet of the opioid crisis, has been tough to tackle.
Goldman Sachs upgraded Wal-Mart and put the retail giant on its Conviction List based after a 2018 analysis ahead showed that it would be a good year for consumers.
Walmart (WMT) had a great 2017, and as investors appear to be growing more comfortable with retailers—even with the seemingly ever-present threat from Amazon.com (AMZN)—there's optimism that Walmart can keep climbing. Goldman Sachs' Matthew Fassler thinks so: Fassler and his team upgraded Walmart to Buy and raised their price target by $2 to $117 on Thursday. Fassler writes that the move comes as he's grown more confident about the consumer in general—and believes that even with digital disruption, Walmart is still “very much in control of its own destiny.” He argues that Walmart's strategic positioning is attractive in the shifting retail landscape, and he also expects the company will hike its dividend, thanks to tax savings and repatriation of overseas cash.
Among the companies with shares expected to trade actively in Thursday's session are Morgan Stanley, Alcoa, Verizon, La Quinta Holdings, Wal-Mart Stores, Amazon.com and Alphabet.
Goldman Sachs raises its rating for Walmart shares to buy from neutral and added the retailer to its "Americas Conviction List."
Walmart is helping customers get rid of leftover opioids by giving them packets that turn the addictive painkillers into a useless gel.