(Finance) – Effervescent Wal-Martwhich trades with a decidedly positive performance of 3.99%.
The quarterly report which showed results above analysts’ expectations and the announcement of the acquisition of the Vizio television brand contribute to assisting the shares.
On a comparative level on a weekly basis, the trend of big names in large-scale retail trade highlights a more marked trend than the trendline of Dow Jones. This demonstrates the greater propensity of investors to buy towards Wal-Mart compared to the index.
At present the short-term scenario of retail giant notes a sharp rise with a target of 180 USD. In the event of a temporary physiological correction, the most immediate target is seen at 175.6. However, expectations are for a rise in the curve to the top 184.5.