WMT - Walmart Remains A Top Pick - This Analyst Is Optimistic On Increased Market Share And Profitability | Benzinga
Oppenheimer analyst Rupesh Parikh reiterated an Outperform rating on Walmart Inc (NYSE:WMT) with a price target of $67.
The analyst adjusted his estimates and price target on Walmart shares to reflect the company’s 3-for-1 stock split. Shares will begin trading on a post-split basis starting on February 26.
Parikh’s share price target goes to $67 from $200 on a split-adjusted basis. Walmart remains a top pick for the analyst.
Parikh noted that Walmart shares are still positioned for outperformance. The analyst flagged ...