Stephens & Co analyst Ben Bienvenu maintained Walmart Inc (NYSE: WMT) with an Overweight and raised the price target from $185 to $190.
As Walmart continues to advance in the omnichannel experience for customers and sustains its everyday low-price positioning, it will be difficult for competitors to regain the market share that WMT has taken over the last several years.
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Additionally, the analyst expects margins to improve as top-line momentum continues and the company anniversaries significant investments made in the previous year.
With the company's commitment to improving returns and the investments in technology and alternative higher-margin revenue streams to support these ...