Walmart sees smaller annual profit drop as discounts draw inflation-hit shoppers
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Walmart (WMT) PT Raised to $161 at Jefferies
August 17, 2022 7:59 AM EDTJefferies analyst Stephanie Wissink raised the price target on Walmart (NYSE: WMT) to $161.00 (from $151.00) while maintaining a Buy rating following results.
The analyst commented, "Q2 made progress on costs & inventory, yet inflation pacing & mix shift persisted in bearing down on margins. Encouraging... More
Target (TGT) Climbs in Sympathy Following Strong Results From Walmart (WMT)
August 16, 2022 7:56 AM EDTTarget (NYSE: TGT) Climbs in Sympathy Following Strong Results From Walmart (NYSE: WMT)
WMT +4%TGT +2%... More
