Walmart Price Target Cut to $132 as DA Davidson Maintains 'Buy' Rating
DA Davidson has maintained its 'Buy' rating on Walmart (WMT) while lowering its price target to $132.00 from $150.00, reflecting a 12% decrease.
This adjustment suggests analysts may be cautious about the company's future performance despite its dominance in the retail sector.
According to GuruFocus, Walmart is currently overvalued by 9.3%, with a GF Value of $94.75 compared to its current price of $103.59.
The company's strong e-commerce presence attracts around 270 million customers weekly, contributing significantly to its $713 billion in sales for fiscal 2026.