Goldman Sachs raised the firm’s price target on Walmart (WMT) to $138 from $121 and keeps a Buy rating on the shares. Walmart beat Q4 earnings expectations with strong top-line performance and operating income growth, supported by market share gains, particularly among households with income over $100K, the analyst tells investors in a research note. Despite 2026 guidance coming in below expectations amid macro uncertainty, the company remains well-positioned for solid earnings growth and continued improvement in profitability, the firm says.
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