Walmart: WMT Gets $90 Target Upgrade Despite One Key Concern
With earnings season upon us, Walmart (WMT) has gotten a critical upgrade to its target price, despite one glaring concern that analysts have for the stock. Indeed, the retailer has seen its target boosted to $90 from Guggenheim, with a caveat expressed by experts seemingly across the board. Despite a fall Tuesday, Walmart has enjoyed a pretty impressive stretch. Moreover, both the Q3 earnings and the holiday season have incited increased interest in the stock’s value and what it could do for the close of the year. However, there may be some worry starting to develop regarding how the stock could perform when the calendar turns. Source: CNBC Also Read: Walmart: Why WMT Got Boosted $85 Target, Outperform Rating Walmart Target Gets Boosted as Analysts Share One Vital Concern There are few brands in the United States as strong as Walmart. Indeed, the company is among the most prominent retail chains in the country and has continuously fortified its strength. It looks to do so yet aga...