Walmart (WMT) stock gains on strong results, raised guidance, and $20 billion buybacks

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Go back to Walmart (WMT) stock gains on strong results, raised guidance, and $20 billion buybacks

Walmart (WMT) PT Raised to $157 at Stifel

November 15, 2022 5:16 PM EST

Stifel analyst Mark Astrachan raised the price target on Walmart (NYSE: WMT) to $157.00 (from $149.00) while maintaining a Hold rating following strong earnings.

The analyst commented, "We lift F2023-F2024 EPS estimates for better-than-expected F3Q results, with U.S. comp sales and... More