Wal-Mart Stores Inc (WMT) Receives a Hold from Morgan Stanley

In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Wal-Mart Stores Inc (NYSE: WMT), with a price target of $98. The company’s shares opened today at $94.21.

According to, Gutman is a 4-star analyst with an average return of 7.0% and a 61.9% success rate. Gutman covers the Services sector, focusing on stocks such as Vitamin Shoppe Inc, Bed Bath & Beyond, and At Home Group.

Currently, the analyst consensus on Wal-Mart Stores Inc is a Moderate Buy with an average price target of $106.89.

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Based on Wal-Mart Stores Inc’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $128 billion and GAAP net loss of $861 million. In comparison, last year the company earned revenue of $123 billion and had a net profit of $2.9 billion.

Based on the recent corporate insider activity of 210 insiders, corporate insider sentiment is negative on the stock.

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