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Walmart+ (WMT) Could Be Worth $45bn - Morgan Stanley
October 11, 2022 10:25 AM EDT(Updated - October 11, 2022 10:26 AM EDT)
Morgan Stanley analyst Simeon Gutman told investors in a research note Tuesday that Walmart+ (NYSE: WMT) could be worth $45 billion.
Gutman, who has an Overweight rating and a $150 price target on Walmart shares, said that, on average, they believe the market is valuing retailer memberships at $2,494 per member, and applying this number to... More
