Jefferies Reiterates Buy Rating on Walmart (WMT), 'Buy WMT Shares'

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Here's why Jefferies is telling its clients to 'buy Walmart shares'

February 1, 2024 4:30 PM EST

Jefferies analysts led by Corey Tarlowe encouraged investors to put their trust in Walmart (NYSE: WMT).

To be more concrete, the analysts highlighted Walmarts recently revealed plans to develop or convert 150 stores within the upcoming five years, including 12 for 2024.

This major... More