Credit Suisse raised the price target on Walmart Inc. (NYSE: WMT) from $145 to $160. Credit Suisse analyst Robert Moskow maintained an Outperform rating on the stock. Walmart shares fell 0.5% to $147.83 in pre-market trading.
There are some disadvantages to reporting earnings after one of your peers in the sector. The major one is the company reporting first can set an extremely high bar for the second to clear.
Costco Wholesale Corp (NASDAQ: COST) shares are trading lower Wednesday in sympathy with Target Corp (NYSE: TGT), which fell after the company reported mixed third-quarter financial results and