Analysts skeptical despite Walmart's improved 3Q

Analysts skeptical despite Walmart's improved 3Q

A market braced for disappointment got a small surprise Tuesday when Wal-Mart Stores hit its quarterly sales targets and reported earnings slightly above analyst estimates.

“Comps were in line with sell-side expectations, but recent reports from other retailers had prepared investors for softness at that did not materialize,” Meredith Adler, an analyst for Barclays Capital, said in a note to clients after Walmart reporte

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