Is Walmart Stock Going to $115? 1 Wall Street Analyst Thinks So.
Walmart(WMT) The Motley Fool·2024-12-17 13:49
In a case of a giant company getting even more massive, Walmart (WMT 0.66%) has been on quite a tear lately -- both in terms of its fundamentals and its share price. The latter has improved by more than 85% this year, trouncing the 28% growth of the S&P 500 index.Some market-watchers think there's still room for the high-profile retailer to run. One analyst tracking Walmart stock recently boosted his price target by a beefy 34%. What's behind this latest burst of optimism and, more importantly, is it justif ...