Walmart

Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better – anytime and anywhere – in stores, online, and through their mobile devices. Each week, approximately 240 million customers and members visit approximately 10,500 stores and numerous eCommerce websites in 19 countries. With fiscal year 2023 revenue of $611 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart, on X (formerly known as Twitter) at twitter.com/walmart, and on LinkedIn at linkedin.com/company/walmart.

Walmart (NYSE:WMT) Price Target Gets Boosted by $5 to $175 at Wells Fargo

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Wells Fargo & Co. analysts on Wednesday hiked their price target for Walmart Inc. (NYSE:WMT) to $175 from $170 a share on expectations that the retail giant will beat Wall Street estimates when it reports second-quarter results next week. “WMT seemed somewhat cautious on the macro in our recent meetings, but the company-specific tone was notably positive,” said analyst Edward Kelly. Wells Fargo now expects Walmart to earn $1.75 a share, ahead of the FactSet consensus view of $1.69 a share. Walmart reports earnings on Aug. 17.

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