These Analysts Boost Their Forecasts On Walmart After Upbeat Earnings
Portfolio Pulse from Avi Kapoor
Walmart Inc (NYSE:WMT) reported strong Q2 results, beating EPS and sales estimates, and raised its full-year guidance. Analysts from Telsey Advisory Group and Morgan Stanley increased their price targets for Walmart following the earnings announcement.
August 16, 2024 | 12:03 pm
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Walmart reported strong Q2 results, beating EPS and sales estimates, and raised its full-year guidance. Analysts from Telsey Advisory Group and Morgan Stanley increased their price targets for Walmart.
Walmart's strong Q2 performance and raised full-year guidance indicate positive business momentum. The increase in price targets by analysts further supports a bullish outlook for the stock in the short term.
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RELEVANCE 100