Walmart (WMT) shares closed at $133.89 (+0.19%) as investors shift their focus toward the upcoming earnings report scheduled for February 19. The stock continues to show significant momentum, rising 20.18% year-to-date and outperforming both the S&P 500 and the DJIA.
- While Wall Street maintains a 'Strong Buy' consensus, some analysts like Bernstein anticipate a potential pullback to $129 despite the positive outlook.
- The stock edged higher in after-hours trading to $134.05 (+0.12%) following a stable market session ahead of the Presidents' Day holiday.
- Current 12-month price targets average around $133.04, reflecting a cautious valuation from analysts despite the company's recent market outperformance.