Stifel Nicolaus to the sidelines on Wal-Mart


Stifel Nicolaus takes its rating on Wal-Mart (WMT) down to Hold from Buy.

The investment firm is truly on the sidelines as it pulls its price target (previously $83) to wait out Q1 and see how the Bentonville giant navigates through the retail season.

WMT -0.4% premarket

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Comments (4)
  • legalcitizen
    , contributor
    Comments (7) | Send Message
     
    We have held Walmart since 1987. Experts have told us several times "it's dead money", "Never going to make money again". We might have made more if we would have sold and rebought (timing). However, we are HAPPY with our profits.
    21 Feb 2014, 09:20 AM Reply Like
  • jw4golf
    , contributor
    Comments (339) | Send Message
     
    i thought being an analyst meant taking data, analyzing it and arriving at a conclusion we all know the degree of SN capability: wait for results. wow, remind me to continue to ignore their information.
    21 Feb 2014, 11:49 AM Reply Like
  • Sean Erickson
    , contributor
    Comments (299) | Send Message
     
    I think this is extremely admirable. Sometimes you really just dont know, but few have the courage to admit it.
    21 Feb 2014, 12:01 PM Reply Like
  • yrh1490
    , contributor
    Comment (1) | Send Message
     
    I have had WMT since 1986 and made alot of money until about 2000. The up side has been small the last 15 yrs but so has the down side. This is a good defensive stock. Until this last dividend increase I could always count on at least a 10% increase each yr. With the last small increase I will reconsider reducing my position.
    21 Feb 2014, 11:52 AM Reply Like
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