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Is Walmart Stock Going to $80? 1 Wall Street Analyst Thinks So.
WMTWalmart(WMT) The Motley Fool·2024-08-16 12:54

Walmart's CEO names the four things that have its business soaring.Investors have been worrying about inflation, recession, and economic data that could torpedo this year's stock market run. But Walmart (WMT 6.58%) just reported its fiscal second-quarter earnings, which soothed many of those concerns. After a report that beat estimates on both the top and bottom lines, its stock is flying.Now, one Wall Street analyst thinks there's more to come, even as shares of the world's largest retailer have already so ...