BMO Capital Reiterates Outperform, Top Defensive Pick on Walmart (WMT) After Analyst Update Meeting

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Go back to BMO Capital Reiterates Outperform, Top Defensive Pick on Walmart (WMT) After Analyst Update Meeting

Demand for Walmart's (WMT) advertising platform remains strong - BMO Capital Markets

June 5, 2023 9:31 AM EDT

BMO Capital Markets analyst Kelly Bania told investors in a note Monday that Walmart's (NYSE: WMT) analyst update meeting in Bentonville, AR resulted in the firm maintaining its bullish stance on the company's positioning from both a micro and macro standpoint.

Bania also reiterated Outperform-rated Walmart as the... More