Bank of America Securities has raised Walmart's target price from $85 to $95, maintaining a "buy" rating. The bank stated that Walmart will benefit from continued share growth across income groups and product categories due to the focus on value. In addition, the bank pointed out that the contribution of high-margin auxiliary businesses such as digital advertising continues to increase, long-term profits are continuously improving, and the free cash flow generation is healthy. (Glong)
大行评级|美银:上调沃尔玛目标价至95美元 维持“买入”评级
Major bank rating | Bank of America: Raised walmart's target price to $95, maintaining a "buy" rating
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