Stocks expected to have increasing option volume: WMT LOW MDT TJX TGT SNOW PANW XPEV NVDA SMCI DELL

Walmart (WMT) PT Raised to $96 at RBC Capital

November 20, 2024 6:58 AM EST

RBC Capital analyst Steven Shemesh raised the price target on Walmart (NYSE: WMT) to $96.00 (from $92.00) while maintaining a Outperform rating.

The analyst comments "WMT again delivered on a high bar, providing further evidence that the flywheel is in motion. We... More

Walmart (WMT) Mentioned Positively at Edgewater

November 20, 2024 5:48 AM EST

Walmart (NYSE: WMT) Mentioned Positively at Edgewater

"Sequential Sales Improvement Impressive, Drives EPS Upside, FY Guidance Raised to Reflect Ongoing Business Momentum"... More

Walmart (WMT) PT Raised to $100 at DA Davidson

November 20, 2024 5:41 AM EST

DA Davidson analyst Katy Hallberg raised the price target on Walmart (NYSE: WMT) to $100.00 (from $85.00) while maintaining a Buy rating.

The analyst comments "As they have done for much of that last two years, in what has been a very difficult retail... More

Walmart (WMT) PT Raised to $98 at Truist Securities

November 19, 2024 4:02 PM EST

Truist Securities analyst Scot Ciccarelli raised the price target on Walmart (NYSE: WMT) to $98.00 (from $89.00) while maintaining a Buy rating.

The analyst comments "Another beat/raise vs. our recent estimate revisions, driven by both Transaction and Ticket growth. The US business generated + comps... More

Jefferies Reviews Walmart (WMT) Earnings, Top Pick

November 19, 2024 8:41 AM EST

Jefferies analyst Corey Tarlowe reiterated a Buy rating and $100.00 price target on Walmart (NYSE: WMT).

The analyst comments "WMT reported strong 3Q top- and bottom-line results, with WMT US comps +5.3%, Sam's Club comps +7.0%, and op. income growth of +9.8% (cc). Additionally, Walmart's grocery (+MSD%), health... More

BofA Securities Reviews Walmart (WMT) Earnings

November 19, 2024 8:39 AM EST

BofA Securities analyst Robert Ohmes reiterated a Buy rating and $95.00 price target on Walmart (NYSE: WMT).

The analyst comments "WMTs F3Q adj. EPS of $0.58 was ahead of Street $0.53. US comps ex-fuel grew +5.3% (vs. Street 3.6%) on top of +4.9% last year, reflecting continued... More

DA Davidson Reviews Walmart (WMT) Earnings

November 19, 2024 8:33 AM EST

DA Davidson analyst Katy Hallberg reiterated a Buy rating and $85.00 price target on Walmart (NYSE: WMT).

The analyst comments "Walmart continues to take share as they benefit both from an environment that suits their value proposition, but are also taking advantage of a host of... More

BMO Capital Reviews Walmart (WMT) Earnings

November 19, 2024 8:27 AM EST

BMO Capital analyst Kelly Bania reiterated an Outperform rating and $100.00 price target on Walmart (NYSE: WMT).

The analyst comments "Walmart reported a solid F3Q25 EPS beat and modest full-year guidance raise. WMT US comps accelerated to 5.3% and upper-income continues to lead share gains. Global... More

Evercore ISI Reviews Walmart (WMT) Earnings

November 19, 2024 8:19 AM EST

Evercore ISI analyst Greg Melich reiterated an Outperform rating and $89.00 price target on Walmart (NYSE: WMT).

The analyst comments "Walmarts 3Q results (EPS $0.58/+14% YoY vs EVR/ the Street $0.56/$0.53) beat on stronger topline and sales flow through, with 10% adj EBIT growth (ex FX)/8.2% reported EBIT growth ahead of the Streets 7% rise, and a 5.3% Walmart U.S. comp 100bps above the Street. 3Q was solid across the board, with 3.1% Walmart U.S. traffic growth up 6.5% on a two year stack (40bps of moderation QoQ) reflecting growing customer count and wallet share.... More

Truist Securities Reviews Walmart (WMT) Earnings

November 19, 2024 8:13 AM EST

Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $89.00 price target on Walmart (NYSE: WMT).

The analyst comments "Net/net Walmart again came in above expectations, posting a US comp gain of 5.3% (vs. our upwardly revised 4.5%E), with positive growth from all 3 merchandise categories... More

JPMorgan Reviews Walmart (WMT) Earnings

November 19, 2024 8:12 AM EST

JPMorgan analyst Christopher Horvers reiterated an Overweight rating and $97.00 price target on Walmart (NYSE: WMT).

The analyst comments "WMT results beat with $0.58 EPS ~9% ahead of the Streets $0.53 and our raised into the print $0.55 led by US comps better than expected 5.3% vs. our raised 4.6%) and gross... More

Barclays Reviews Walmart (WMT) Earnings

November 19, 2024 8:11 AM EST

Barclays analyst Karen Short reiterated an Overweight rating and $78.00 price target on Walmart (NYSE: WMT).

The analyst comments "Overall positive initial take on WMTs Q3 with momentum across most business lines and categories, and some encouraging margin trends. EPS came in higher at... More

Morgan Stanley Reviews Walmart (WMT) Earnings

November 19, 2024 8:10 AM EST

Morgan Stanley analyst Simeon Gutman reiterated an Overweight rating and $89.00 price target on Walmart (NYSE: WMT).

The analyst comments "1) The bottom line from WMT's 3FQ25 results and guidance is the business is exceeding the higher expectations being built into the stock. WMT is growing sales, EBIT and EPS faster than expected, due to its price and cost leadership, and now, faster growing profit from its multiple... More

Citi Reviews Walmart (WMT) Earnings

November 19, 2024 8:10 AM EST

Citi analyst Paul Lejuez reiterated a Buy rating and $98.00 price target on Walmart (NYSE: WMT).

The analyst comments "WMT results were strong across all segments, with WMT US comps +5.3%, Sams comps +7.0% and intl growth of 12% cc. GM was strong in the US... More

Goldman Sachs Reviews Walmart (WMT) Earnings

November 19, 2024 8:09 AM EST

Goldman Sachs analyst Kate McShane reiterated a Buy rating and $81.00 price target on Walmart (NYSE: WMT)

The analyst comments "WMT reported 3Q24 adj. EPS of $0.58, above GS/consensus (Refinitiv) of $0.53/$0.53. Walmart US SSS of +5.3% tracked better than consensus at +3.9%, driven by traffic (+3.1%) and... More