What's Going On With Walmart Stock Today?
Portfolio Pulse from Erica Kollmann
Walmart Inc. (NYSE:WMT) is set to report its second-quarter earnings on Thursday. Analysts expect earnings of $1.69 per share and revenues of $159.93 billion. Several analysts have updated their ratings and price targets for WMT, with Stifel, Guggenheim, and Evercore ISI Group all raising their price targets. Walmart shares are currently trading down by 0.71% at $160.05.
August 14, 2023 | 5:35 pm
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Walmart is expected to report Q2 earnings of $1.69 per share and revenues of $159.93 billion. Analysts have raised their price targets, indicating positive sentiment. However, the stock is currently down by 0.71%.
The upcoming earnings report and the updated price targets from analysts are significant factors that could influence Walmart's stock price. However, the current downward trend in the stock price suggests a mixed short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100