NEW YORK, May 1, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on FRED, OLLI, TGT, and WMT which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com has initiated coverage on Fred's Inc. (NASDAQ : FRED ), Ollie's Bargain Outlet Holdings Inc. (NASDAQ : OLLI ), Target Corp. (NYSE : TGT ), and Walmart Inc. (NYSE : WMT ). These stocks belong to the Discount & Variety Stores industry, which consists of discount grocery stores as well as other discount retailers. All you have to do is sign up today for this free limited time offer by clicking the link below.
On Monday, shares in Memphis, Tennessee headquartered Fred's Inc. recorded a trading volume of 2.38 million shares, which was above their three months average volume of 959,100 shares. The stock ended the session 17.98% lower at $2.39. The Company's shares are trading 20.31% below their 50-day moving average. Moreover, shares of Fred's, which together with its subsidiaries, sells general merchandise through its retail discount stores and full-service pharmacies, have a Relative Strength Index (RSI) of 34.99.
On April 27th, 2018, Fred's announced the resignation of CEO Michael K. Bloom, effective as of April 24th, 2018, to pursue other opportunities. Mr. Bloom also resigned from the Company's Board of Directors. Joseph Anto - Executive Vice President, CFO, and Secretary - will serve as Interim CEO, effective as of April 24th, 2018. Get the full research report on FRED for free by clicking below at:
Ollie's Bargain Outlet Holdings
Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc.'s stock closed the day 0.88% lower at $62.20 with a total trading volume of 464,486 shares. The Company's shares have advanced 3.15% in the past month, 6.69% in the previous three months, and 62.40% over the past year. The stock is trading 3.67% and 22.50% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which operates as a retailer of brand name merchandise, have an RSI of 54.30.
On April 04th, 2018, Ollie's Bargain Outlet reported its financial results for Q4 FY17 and full year FY17 ended February 03rd, 2018. For Q4 2017, total net sales were $356.7 million, operating income was $54.4 million, and net income was $70.1 million. For the full year 2017, total net sales were $1.077 billion, operating income was $135.8 million, and net income was $127.6 million.
On April 18th, 2018, research firm Credit Suisse resumed its 'Outperform' rating on the Company's stock, with a target price of $68 per share. Free research report on OLLI can be accessed at:
Shares in Minneapolis, Minnesota headquartered Target Corp. recorded a trading volume of 4.80 million shares. The stock ended yesterday's trading session 0.34% lower at $72.60. The Company's shares have advanced 4.57% in the past month and 29.99% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.95% and 13.04%, respectively. Furthermore, shares of Target, which operates as a general merchandise retailer in the US, have an RSI of 54.23.
On April 19th, 2018, Target announced that it will begin same-day delivery of more than 55,000 groceries, essentials, home, electronics, toys, and other products across Colorado. Beginning May 03rd, 2018, Shipt will deliver from Target's stores in the Boulder, Colorado Springs, Denver, and Fort Collins metro areas. Visit WallStEquities.com now and sign up for the free research report on TGT at:
Bentonville, Arkansas-based Walmart Inc.'s stock finished Monday's session 1.34% higher at $88.46 with a total trading volume of 8.54 million shares. The Company's shares have advanced 17.66% over the past year. The stock is trading below its 50-day moving average by 0.35%. Additionally, shares of Walmart, which engages in the retail and wholesale operations in various formats worldwide, have an RSI of 55.26.
On April 19th, 2018, research firm Argus upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $100 per share.
On April 30th, 2018, Walmart and J Sainsbury PLC announced the combination of the latter and Asda Group Limited, Walmart's wholly owned UK retail subsidiary. This combination will create one of UK's leading grocery, general merchandise, and clothing retail groups. Under the terms of the combination, Walmart would hold 42% of the share capital of the combined business. The free technical report on WMT is available at:
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities