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walmart shares surge after strong third quarter results and raised outlook

UBS has raised its target price for Walmart to $100, maintaining a "Buy" rating, while RBC increased its target to $96 with an "Outperform" rating. JPMorgan also upgraded Walmart to "Overweight" with a target of $97, highlighting strong sales and margin momentum following impressive third-quarter results. Walmart"s shares rose approximately 4.42% in pre-market trading after the company boosted its annual revenue growth forecast to 4.8% to 5.1%.
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United States Dollar Walmart Inc. CAN DEU CHE USA Steven Shemesh Christopher Horvers Michael Lasser Show more
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07:17 20.11.2024
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