UBS lowered the firm’s price target on Walmart (WMT) to $110 from $112 and keeps a Buy rating on the shares. Walmart’s investor day reaffirmed the firm’s confidence that its strategy is working and its catalyst path remains rich and compelling, and UBS sees better market share and margin returns ahead, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT: