Walmart (WMT) Top Line Upside Driven By Inflation, Cost Management Will Follow, Wolfe Reiterates Outperform

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Go back to Walmart (WMT) Top Line Upside Driven By Inflation, Cost Management Will Follow, Wolfe Reiterates Outperform

Walmart (WMT) PT Lowered to $155 at Jefferies

May 18, 2022 8:01 AM EDT

Jefferies 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