Goldman Sachs analyst Kate McShane reiterated the Buy rating on Walmart Inc. (NYSE:WMT) with a price forecast of $101.
The retail behemoth is expected to report its fourth-quarter earnings on February 20th and conduct its investment community meeting on April 8th and 9th.
McShane views the company’s April 2025 investment community meeting as a potential catalyst for stock growth, as it will outline capital investments and long-term business strategies.
Per the analyst, Walmart holds strength to continue driving solid earnings growth into 2025, supported by market share gains given its proposition for value and convenience, while its profitability ...