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Walmart Stock Surges 2.5% After Analyst Upgrades

Guavy AI Editorial Team
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WMT
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Shares of Walmart Inc. (NASDAQ:WMT) rose by 2.5% during trading on Tuesday, with the stock reaching as high as $110.19 before settling at $110.12.

The company's Q3 2027 guidance is set at 0.620-0.640 EPS, while its FY 2027 guidance is at 2.800-2.870 EPS. Analysts expect the company to post 2.87 EPS for the current fiscal year.

Several analysts have upgraded or restated their ratings on Walmart in recent days. BMO Capital Markets reissued an 'outperform' rating and set a $126.00 price target, while Freedom Broker upgraded shares from a 'hold' rating to a 'strong-buy' rating.

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