BofA Reinstates Coverage — Bullish on Walmart, Bearish on Target
Bank of America restarts coverage on Target with a cautious Underperform rating and Walmart with a positive Buy rating.
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Walmart Q4 Beats, But FY27 Outlook Misses Expectations
Walmart beat Q4 expectations with 24% eCommerce growth but gave a lower-than-expected FY27 forecast ($2.75–$2.85 EPS).
Kroger Taps Former Walmart and Airline CEO as New Leader
Kroger plans to hire Greg Foran, ex-Walmart US chief and Air New Zealand CEO, as new CEO following Rodney McMullen's departure after board investigation.
Amazon's Grocery Push Sends Kroger, Instacart, and Delivery Stocks Tumbling
Amazon's expanded grocery delivery plans and 100+ new Whole Foods stores trigger stock drops for Kroger, Instacart, Uber, DoorDash, and Walmart as competition intensifies.
Walmart Joins Nasdaq-100 Index; Stock Rises
Walmart stock surges 3.5% in premarket trading as the retail giant prepares to join the Nasdaq-100 index on January 20, 2026, following strong annual growth.
Target Under Pressure: Activist Investor Steps In After Major Sales Decline
US retail giant Target faces activist investor pressure from Toms Capital as shares drop 64% from pandemic highs amid 12 consecutive quarters of weak sales growth.