Walmart’s Big Sell-Off Could Be a Buying Opportunity
Source ↗
👁 0
💬 0
The post Walmart’s Big Sell-Off Could Be a Buying Opportunity appeared first on 24/7 Wall St..
Walmart’s post-earnings tumble has cut roughly 12% off shares since May, and the reaction to a beat-and-raise report looks overdone.
Walmart (NASDAQ:WMT) currently trades at $105.09, and my 24/7 Wall St. price target lands at $120.95, implying 15.17% upside over the next 12 months. Model confidence is high at 90%, and the recommendation is buy.
Metric
Value
Current Price
$105.09
2
Walmart’s post-earnings tumble has cut roughly 12% off shares since May, and the reaction to a beat-and-raise report looks overdone.
Walmart (NASDAQ:WMT) currently trades at $105.09, and my 24/7 Wall St. price target lands at $120.95, implying 15.17% upside over the next 12 months. Model confidence is high at 90%, and the recommendation is buy.
Metric
Value
Current Price
$105.09
2
Comments (0)