BTIG analyst Bob Drbul initiated coverage of Walmart (WMT) with a Buy rating and $120 price target Walmart’s integrated digital and physical strategy is “delivering value” to customers and shareholders and CEO Doug McMillon has the company positioned for continued market share and profit gains despite macro pressures, the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Walmart (WMT) Partners with OpenAI to Improve Retail Experience
- Pattern Stock (PTRN) Pops as Leading Analyst Hails Huge Revenue Runway
- Wal-Mart call volume above normal and directionally bullish
- Walmart teams with OpenAI to enable shop through ChatGPT using instant checkout
- Walmart Stock (WMT) Firms Up Despite New Holiday Season Tariff Threat