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Deutsche Bank upgrades Walmart to buy on growing online grocery business

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Deutsche Bank raises its rating to buy from hold for Walmart shares, predicting the retailer will report sales above expectations in its third quarter.

 

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Isn’t that the same bank that loaned Donald Trump money?

Valuations are too high

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Walmart will benefit from growing online grocery business, Deutsche Bank says in upgradeWalmart will benefit from growing online grocery business, Deutsche Bank says after raising target on the retailer to $113. Wrong, Postmates and DoorDash are inadequate delivery partners. Not up to the task.
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