Here's Why Analysts Boosted Walmart Stock's Valuation

Shares of Walmart Inc. NYSE: WMT are reaching a new all-time high this week after analysts at HSBC decided to boost their price targets on the stock higher. Seeing the company’s valuation as high as $81 a share, daring the stock to rally by an additional 22.2% from its already elevated levels today. These aren’t the only analysts seeing the stock’s potential being this high.Walmart TodayWMTWalmart$66.36 +0.05 (+0.08%) 52-Week Range$49.85▼$67.57Dividend Yield1.25%P/E Ratio28.40Price Target$69.94Add to Watchl ...