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 attract more shoppers in an uncertain econo🐲mic environment. The stock, however, may not have much room ꦰto 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官方开奖结果体彩网: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 likely꧟ weigh on discretionary spending in the rest of 2025, according to Oppenheimer.
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官方开奖结果体彩网:guided investors toward revenue growth of ও3% to 4%—amid economic uncertainty driven by the Trump adm🍃inistration's latest tariff moves.
All oꦇf the analysts who follow Walmart and are tracked🌼 by Visible Alpha have buy or equivalent ratings on the shares, which are down about 7% this year so far.