Walmart's record-high valuation can move even higher, say BoA analysts
Portfolio Pulse from
Bank of America maintains a 'buy' rating on Walmart despite its record-high valuation, expecting positive third-quarter results with an EPS of $0.52 and a 3.5% increase in US sales.
November 12, 2024 | 4:30 pm
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Bank of America maintains a 'buy' rating on Walmart, expecting strong Q3 results with an EPS of $0.52 and a 3.5% increase in US sales.
BoA's 'buy' rating and positive expectations for Walmart's Q3 results suggest confidence in the company's performance, likely boosting investor sentiment and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100