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Article: Wal-Mart receives `buy' rating from J.P. Morgan.(stock)(Brief Article)
- Article from:
- Home Textiles Today
- Article date:
- October 1, 2001
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Copyright informationCOPYRIGHT 2001 Reed Business Information. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BENTONVILLE, AR -- Wal-Mart Mart, the world's largest retailer, got a lift last week when Wall Street powerhouse J.P. Morgan Chase raised its rating on the company's stock to "buy" from an earlier "long-term buy."
Retail analyst Shari Eberts commented, "Valuation stock looks full, but we believe it will be sustainable in the next several quarters, as Wal-Mart's fundamentals far outpace its peers, given its less ...
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...Bradenton-based Staff Leasing is looking for a buyer and has hired Wall Street powerhouse Goldman Sachs to help. Last year, Staff Leasing received an unsolicited offer of $17.50 a share from Paribas Principal Partners...
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