Walmart keeps grocery prices steady amid inflation, antitrust claims

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UBS expects good print from Walmart (WMT), Truist still cautious on shares

May 9, 2023 10:05 AM EDT

UBS expects a good print from Walmart (NYSE: WMT) when it reports earnings for its latest quarter next week, analyst Michael Lasser said in a note Tuesday.

However, Lasser said that while Walmart likely maintained its momentum and gained further share in the first quarter, he warned investors not to get too crazy.

"The... More