Weekly Recap | Walmart +0.91%, consensus target above spot
Weekly Review·
- Walmart gained 0.91% this week to close at $119.89, outperforming the S&P 500 index by 1.38 percentage points amid fluctuating trade.
- Key corporate developments included issuing 3 billion USD and 5 billion CAD in senior unsecured notes, launching a 120 USD Sam's Club bundle, and rolling out AI shopping features.
- A consensus buy rating was maintained across 43 covered institutions with a mean target price of $127.475, reflecting a 6.33% upside potential.