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BofA Maintains Buy Rating on Walmart (WMT) Stock Despite Price Target Reduction
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BofA Maintains Buy Rating on Walmart (WMT) Stock Despite Price Target Reduction
Key Takeaways Bank of America maintains Buy rating on Walmart while adjusting price target from $150 down to $144 Revised target suggests 18.7% potential gain from approximately $121, positioning the recent decline as an attractive entry point Company elevated full-year net sales outlook to the upper boundary of its 3.5%–4.5% forecast range First-quarter revenue climbed 7.3% to reach $177.8 billion; worldwide e-commerce surged 26% Shares tumble…
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