Walmart’s Stock Update Following Citigroup’s Posit…

From Financial Modeling Prep: 2025-02-20 11:04:52

Citigroup upgraded Walmart (NYSE:WMT) to Positive but maintained a hold action, citing a cautious sales and profit outlook for fiscal 2026. Despite strong Q4 performance, the stock dropped 6.5% due to lower-than-expected future earnings guidance. The Walton family’s net worth took a hit, with each heir facing losses nearing $6 billion.



Read more at Financial Modeling Prep:: Walmart’s Stock Update Following Citigroup’s Posit…