Walmart profit falls short, cuts outlook, hit by higher fuel and labor costs
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Walmart (WMT) PT Lowered to $155 at Jefferies
May 18, 2022 8:01 AM EDTJefferies analyst Stephanie Wissink lowered the price target on Walmart (NYSE: WMT) to $155.00 (from $175.00) while maintaining a Buy rating following earnings.
The analyst commented, "Q1 report surprised on multiple fronts: 1) sales beat and share gains evident; 2) profit impact from co specific labor and... More
Walmart (WMT) falls over 6% on weak earnings and lower guidance
May 17, 2022 7:10 AM EDTWalmart (NYSE: WMT) falls 6.4% on weak earnings and lower guidance.
... More