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Several investment firms have updated their stock ratings and price targets on shares of Wal-Mart Stores (NYSE: WMT) in the last week:

  • Wal-Mart Stores had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $92.00 price target on the stock, up previously from $87.00.
  • Wal-Mart Stores had its price target lowered by analysts at Goldman Sachs from $84.00 to $83.00. They now have a “buy” rating on the stock.
  • Wal-Mart Stores had its “hold” rating reaffirmed by analysts at Deutsche Bank. They now have a $75.00 price target on the stock, down previously from $76.00.
  • Wal-Mart Stores had its price target lowered by analysts at Raymond James from $85.00 to $83.00. They now have an “outperform” rating on the stock.
  • Wal-Mart Stores had its price target lowered by analysts at MKM Partners from $76.00 to $75.00. They now have a “neutral” rating on the stock.
  • Wal-Mart Stores had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $81.00 price target on the stock. Zacks‘ analyst wrote, “Walmart has yet again posted disappointing results in the first quarter fiscal 2015. Earnings of $1.10 per share lagged the Zacks Consensus Estimate by 4.3% and declined 3.5% from the year-ago earnings. Higher-than-expected operating expenses related to harsh weather conditions and higher-than-anticipated effective tax rate hurt earnings in the quarter. Sales increased only 0.8% but missed the Zacks Consensus Estimate due to unseasonably cold and disruptive weather and soft comp sales. A challenging retail environment in the U.S. as well as in most international markets and currency headwinds hurt revenues and comps in the quarter. The company expects weak second quarter outlook based on soft results in the first quarter. Though we are impressed with the company’s sound long-term fundamentals such as a wide scale of operations, increased cost savings, strong international presence and a solid e-commerce business, the company expects these headwinds to continue in fiscal 2015 as well keeping us on the sidelines with a Neutral recommendation.”

Wal-Mart Stores, Inc. (NYSE:WMT) opened at 75.66 on Thursday. Wal-Mart Stores, Inc. has a 1-year low of $71.51 and a 1-year high of $81.37. The stock’s 50-day moving average is $77.9 and its 200-day moving average is $77.05. The company has a market cap of $244.6 billion and a price-to-earnings ratio of 15.63.

Wal-Mart Stores, Inc (NYSE:WMT), operates retail stores in various formats globally.

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