Walmart Inc. stock closed lower by 0.98% at $116.48 on January 27, lagging broader market gains, despite receiving a positive analyst update.
- Tigress Financial raised its price target on WMT to $135, maintaining a Buy rating.
- The decline occurred as competitor Amazon saw a 1.7% gain, increasing competitive pressure in the retail sector.
- The stock movement precedes the company's anticipated Q4 earnings report scheduled for February 19.