BMO Capital Reiterates Outperform, Top Defensive Pick on Walmart (WMT) After Analyst Update Meeting

BMO Capital analyst Kelly Bania reiterated an Outperform rating and $170.00 price target on Walmart (NYSE: WMT).

"We attended WMT’s shareholder/associate celebration/analyst update meeting in Bentonville, AR and highlight 10 key take-aways from the 2-day event on Thursday and Friday late last week. We come away remaining bullish on WMT’s positioning from both a micro and macro standpoint. We reiterate WMT as our top defensive pick and our $170 target price."

For an analyst ratings summary and ratings history on Walmart click here. For more ratings news on Walmart click here.

Shares of Walmart closed at $148.82 yesterday.

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