Baird analyst Peter Benedict maintains $Walmart (WMT.US)$ with a buy rating.
According to TipRanks data, the analyst has a success rate of 70.7% and a total average return of 16.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Walmart (WMT.US)$'s main analysts recently are as follows:
Walmart has been securing a larger portion of the market for several key reasons, such as its vast scale, the convenience it offers, and its superior omni-channel options. It is observed that Walmart's back-to-school season was robust, with the anticipation that this positive trend will extend into the holiday season. The retailer's opportunities for higher-margin growth are expected to contribute to increased sales and EBIT margins, potentially altering the long-term investor perception of the company.
Following recent discussions and visits with investors, it has become increasingly evident that Walmart's goal to establish itself as a major omni-channel retail disruptor is swiftly coming to fruition. Present conditions are favorable, and with a number of significant developments expected, the company's progress towards this retail 'promised land' is maintaining its pace. Walmart's efforts in expanding its omni-channel market share are persisting, and there is a noticeable growth in the momentum of its alternative revenue streams.
Note:
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