Guggenheim raised the firm’s price target on Walmart (WMT) to $115 from $112 and keeps a Buy rating on the shares. The firm expects the company to report strong Q2 results and believes the stock’s valuation has room for multiple expansion. Walmart is gaining share in consumables, its compares are easing, and tariffs should benefit gross margin, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Walmart price target raised to $110 from $108 at Evercore ISI
- Options Volatility and Implied Earnings Moves This Week, August 18 – August 22, 2025
- Can Q2 Earnings Drive a Recovery in Target Stock (TGT)?
- Target (TGT) Slips After Top BofA Analyst Downgrades Stock to Sell Ahead of Q2 Results
- Is Walmart (WMT) a Buy Ahead of Q2 Earnings?