Key Takeaways
- Investment bank Oppenheimer cut its target price on Walmart to $95 per share, the lowest target tracked by Visible Alpha.
- The retailer could attract more shoppers stocking up on products ahead of tariffs, but it will likely feel the impact later in the year, says Oppenheimer.
- Walmart is hosting an investor event later this week.
Walmart (WMT) could a🔥ttract more shoppers in an uncertain economic environment. The stock, however, may not have 🌠much room to run, according to new research.
Oppenheimer analysts in a Monday note cut their price target on the giant retailer's shares to $95 from $110, below Wall Street’s mean and the lowest one tracked by Visible Alpha. The shares were recently edging higher at near $85. (Read Investopedia's live coverage of 澳洲幸运5开奖号码历史查询:today's trading here.)
The analysts in their report said they expect consumers to stock up on products ahead of tariffs. But those same tariffs will ᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚlikely weigh on discretionary spending in the rest of 2025, according to Oppenhe🌞imer.
Walmart is hosting an investor event on Wednesday. Oppenheimer analysts suspect that the company might withdraw its full-year outlook—it earlier this year 澳洲幸运5开奖号码历史查询:guided investors toward revenue growth o🍸f 3% to 4%—amid economic unce𒆙rtainty driven by the Trump administration's latest tariff moves.
All of the analysts who follow Walmarꦚt and are tracked by Visible Alpha have buy or equivalent ratings on the shares, which a🗹re down about 7% this year so far.