HSBC downgraded Walmart (WMT) to Hold from Buy with a price target of $131, up from $122. The company reported solid Q4 results but its outlook for 2026 is “surprisingly weak,” the analyst tells investors in a research note. HSBC cut estimates post the earnings print and cites Walmart’s “lack of immediate momentum” for the downgrade. The stock’s the valuation discount versus Costco has now largely been eliminated, the firm adds.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Walmart: Solid Q4 Execution and Emerging E‑Commerce, AI, and Advertising Tailwinds Support Buy Rating and Higher Target Price
- Blackstone Inc. Boosts Walmart Stake with 37,827 Shares
- Walmart downgraded to Hold from Buy at HSBC
- Walmart price target raised to $139 from $127 at Truist
- Mixed options sentiment in Wal-Mart with shares up 0.1%