Earnings top lofty estimates
$Walmart (WMT.US)$ posted a great financial quarter riding the retail recovery and back-to-school season. Walmart also improved its foothold in groceries and posted gains in its digital sales. Analysts have issued TP uogrades across the board with an expected TP in the $165-$175 range. High upside expected and this is further exacerbated by Walmart's share price underperformance compared to Target and other retailers despite a similar business model and growth over the pandemic. Expect some good capital gains in the coming weeks.
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