Barclays cut its rating on Wal-Mart (NYSE: WMT) last week after the world’s largest retailer reported its quarterly results and gave forward looking guidance. However, research firm Janney Capital wrote a note to investors that it believes shares of Wal-Mart will probably outperform going forward, as other retailers are likely to implement wage hikes similar to the one that the giant discounter announced.…
]]>Barclays cut its rating on Wal-Mart (NYSE: WMT) last week after the world’s largest retailer reported its quarterly results and gave forward looking guidance. However, research firm Janney Capital wrote a note to investors that it believes shares of Wal-Mart will probably outperform going forward, as other retailers are likely to implement wage hikes similar to the one that the giant discounter announced.…
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