HomeLifestyleEntertainmentWalmart's (WMT) Solid Defensive Characteristics & Target's (TGT) Possible Recovery

Walmart's (WMT) Solid Defensive Characteristics & Target's (TGT) Possible Recovery

Walmart (WMT) remains very well positioned for the current environment, according to Credit Suisse. The analyst raised the price target to $180 from $170 and maintained the outperform rating. They note that WMT continues to exhibit solid defensive characteristics. Caroline Woods discusses this and previews WMT's earnings which will be released August 17th. She also talks about Target (TGT) as Barclays lowers its price target to $142 from $163. The firm is "generally constructive on the recoverability of TGT's recent weakness, according to the analyst note. Tesley Advisory Group also lowers TGT's price target to $165 from $185. Tune in to find out more about the stock market today.

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