Walmart shares fall despite earnings beat

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Analyst explains why you should buy the dip in this U.S. retail stock

August 21, 2026 3:30 PM EDT

DA Davidson believes investors should use the post-earnings selloff in one U.S. retail giant as a buying opportunity, reiterating a Buy rating while trimming its price target for the company's shares to $132 from $150 in a note this week.

Walmart (NASDAQ: WMT) is the stock in question.

"Why We Would Buy the... More