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Oppenheimer Cuts Its Price Target on Walmart Stock [Yahoo! Finance]
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The retailer could attract more shoppers stocking up on products ahead of tariffs, but it will likely feel the impact later in the year, says Oppenheimer. Walmart is hosting an investor event later this week. Walmart ( WMT ) could attract more shoppers in an uncertain economic environment. The stock, however, may not have much room to run, according to new research. Oppenheimer analysts in a Monday note cut their price target on the giant retailer's shares to $95 from $110, below Wall Street's mean and the lowest one tracked by Visible Alpha. The shares were recently edging higher at near $85. (Read Investopedia's live coverage of today's trading here The analysts in their report said they expect consumers to stock up on products ahead of tariffs. But those same tariffs will likely weigh on discretionary spending in the rest of 2025, according to Oppenheimer. Walmart is hosting an investor event on Wednesday. Oppenheimer analysts suspect that the company might withdraw its
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