Citi adopted a bullish stance on Walmart (WMT), significantly raising its price target from $120 to $147 and maintaining a Buy rating, driven by expectations for robust Q4 results.
- The upgrade anticipates strong Q4 results, which are scheduled for release on February 19, 2026.
- This optimism follows Walmart's recent achievement of becoming the first traditional retailer to reach a $1 trillion market capitalization.
- The stock responded positively to the news, gaining +0.53% in pre-market trading.