Citigroup Lowers Walmart Price Target Amidst Changing Retail Landscape
Citigroup has maintained its 'Buy' rating for Walmart (WMT), but lowered its price target to $132.00 from $147.00, reflecting a 10.20% decrease.
This adjustment suggests that analysts are factoring in potential headwinds that could affect Walmart's growth trajectory, despite the company's strong overall performance as indicated by its GF Score™ of 86/100.
The GF Value™ verdict shows that WMT is currently trading at a 9.4% premium to its intrinsic value of $94.75, suggesting it is overvalued.