Walmart: Jefferies still a buyer

(CercleFinance.com) - On Wednesday an analyst at Jefferies confirmed his "buy" recommendation on the Walmart stock with a target price of 141 dollars (11% upside potential).


"We're pos. on WMT's reportedly forthcoming Walmart+ subscription offering as it'd serve as a tool to tie together all omni-channel efforts and establish a legit ecosystem capable of going toe-to-toe w/ AMZN," the broker said.


Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.