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A statement released earlier today by Telsey Advisory about Wal-Mart (NYSE:WMT) drops the target price to $76.00

Stating a potential upside of 0.10%, Telsey Advisory reduced the target price of Wal-Mart (NYSE:WMT) to $76.00

Previously on 09/30/2016, KeyBanc Capital Markets reported about Wal-Mart (NYSE:WMT) increased the target price from $0.00 to $90.00. At the time, this indicated a possible upside of 0.24%.

Yesterday Wal-Mart (NYSE:WMT) traded -3.22% lower at $69.36. WMT’s 50-day average is $71.93 and its two hundred day average is $70.94. With the last close down -2.23% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was up over the average, with 20,110,251 shares of WMT changing hands over the typical 8,256,250

Performance Chart

Wal-Mart (NYSE:WMT)

With a total market value of $0, Wal-Mart has PE ratio of 14.93 with a one year low of $56.30 and a one year high of $75.19 .

A total of 25 brokerages have issued a ratings update on Wal-Mart. Four analysts rating the company a strong buy, one analyst rating the company a buy, twenty-one analysts rating the company a hold, two analysts rating the company a underperform, and finally 1 broker rating the stock a sell with a average stock price target of $69.11.

Brief Synopsis On Wal-Mart (NYSE:WMT)

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment operates retail stores in approximately 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart U.S. segment is a mass merchandiser of consumer products, operating under the Walmart or Wal-Mart brands, as well as walmart.com. The Walmart International segment consists of operations in over 27 countries outside of the United States. The Sam's Club consists of membership-only warehouse clubs and operates in approximately 48 states in the United States and in Puerto Rico, as well as digital retail.

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