Walmart price target raised to $130 from $118 at Telsey Advisory

Telsey Advisory analyst Joseph Feldman raised the firm’s price target on Walmart (WMT) to $130 from $118 and keeps an Outperform rating on the shares. Walmart reported strong Q3 results and raised its 2025 guidance, with share gains in both grocery and general merchandise categories and growth across all income cohorts, the analyst tells investors in a research note. The holidays are off to a good start, and business momentum is strong, the firm says.