Walmart (WMT) May 60 straddle into quarter results

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Walmart (WMT) PT Raised to $75 at BofA Securities

May 17, 2024 4:49 AM EDT

BofA Securities analyst Robert Ohmes raised the price target on Walmart (NYSE: WMT) to $75.00 (from $67.00) while maintaining a Buy rating.

The analyst comments "We reiterate Buy on WMT & raise PO to $75 (was $67) based on 28-29x our +10c F26E adj.... More

Walmart (WMT) PT Raised to $72 at CFRA

May 16, 2024 3:16 PM EDT

CFRA analyst Arun Sundaram raised the price target on Walmart (NYSE: WMT) to $72.00 (from $68.00) while maintaining a Buy rating.

The analyst comments "We lift our 12-month target to $72 from $68, 27.2x our FY 26 (Jan.) EPS of $2.65 (up from $2.61; FY 25's up to $2.46 from $2.42) vs.... More

Edward Jones Reiterates Hold Rating on Walmart (WMT)

May 16, 2024 2:12 PM EDT

Edward Jones analyst Brian Yarbrough reiterated a Hold rating on Walmart (NYSE: WMT).

The analyst comments "We rate shares of Walmart a Hold. We are concerned about the investments into the business limiting operating profit growth and lower profits from the e-commerce... More

RBC Capital Reiterates Outperform Rating on Walmart (WMT)

May 16, 2024 1:59 PM EDT

RBC Capital analyst Steven Shemesh reiterated an Outperform rating and $62.00 price target on Walmart (NYSE: WMT).

The analyst comments "The bar was high, but WMT delivered. Walmart US comp sales grew +3.8% (RBCe +4.0% / cons. +3.7% / we believe the buyside was hovering around +3.5%) and grew cc operating profit +12.9%... More

Walmart (WMT) PT Raised to $75 at Jefferies

May 16, 2024 1:30 PM EDT

Jefferies analyst Corey Tarlowe raised the price target on Walmart (NYSE: WMT) to $75.00 (from $70.00) while maintaining a Buy rating.

The analyst comments "WMT reported a strong top- and bottom-line beat and raised its F'25 guidance. SSS growth remains healthy, driven by transactions... More