Walmart slips after Oppenheimer warns on near-term setup (WMT:NASDAQ)
Walmart stock slipped after Oppenheimer downgraded WMT, citing U.S.
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Walmart stock slipped after Oppenheimer downgraded WMT, citing U.S.
Walmart slips after Oppenheimer warns on near-term setup (WMT:NASDAQ) | Seeking Alpha
marekuliasz/iStock Editorial via Getty Images
Walmart (
WMT
) opened 1.6% lower after Oppenheimer warned on Tuesday of a difficult near-term setup on the retail giant, which prompted a downgrade to a Perform rating from Outperform.
Analyst Rupesh Parikh warned that U.S. comparable sales could fall short of
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