Walmart Stock May Take Breather After Q4 Earnings: Analyst Says Retailer Showed 'Solid Fundamentals'

The Walmart AnalystJPMorgan analyst Christopher Horvers maintained an Overweight rating on Walmart with a price target of $137.The Analyst TakeawaysWalmart's fourth quarter showed "solid fundamentals," Horvers said in a new investor note."Overall, WMT's 4Q results and operating income were likely a bit light vs. expectations," he added.The analyst said there may be a "high bar" for the company.Walmart's first-quarter guidance came in shy of analyst estimates."The stock had run and earnings likely provide a ...