Walmart sees lower 2023 performance in time of economic uncertainty
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Walmart (WMT) PT Raised to $155 at Evercore ISI, Removes from Tactical Outperform List
February 22, 2023 5:00 AM ESTEvercore ISI analyst Greg Melich raised the price target on Walmart (NYSE: WMT) to $155.00 (from $150.00) while maintaining a In Line rating.
Removes from Tactical Outperform List... MoreWalmart (WMT) shares fall 3% as 'underwhelming' forecast offsets strong Q4 results
February 21, 2023 7:37 AM EST(Updated - February 21, 2023 8:11 AM EST)
Walmart (NYSE: WMT) reported better-than-expected results for its fourth quarter, although its shares still trade lower in pre-market Tuesday as investors were expecting more bullish guidance. Walmart's report comes after Home Depot (NYSE: HD) reported mixed Q4 results and light guidance, which sees its shares trade more than 4% lower in pre-open trading.
Walmart posted EPS of $1.71 on revenue of $164... More
