Evercore Raises Walmart (WMT) Price Target, Keeps Outperform Rating

From Yahoo Finance: 2025-06-05 16:39:00

Evercore ISI analysts raised Walmart Inc.’s price target to $107, keeping an “Outperform” rating. The company has gained 10% year-to-date, outperforming the S&P 500. Efforts to grow market share, increase customer traffic, and improve margins are driving this strong performance. Analysts anticipate a potential Flipkart IPO impacting the stock.

Walmart Inc.’s ability to handle tariff changes and enhance marketing, membership, and fulfillment services will be crucial in the medium to long term. Analysts await the company’s plans to boost market share, drive traffic, and grow EBIT faster than sales. Walmart is shifting towards higher-margin businesses like membership programs, advertising, third-party services, and automation.

While Walmart (WMT) shows investment potential, some analysts believe AI stocks offer higher returns with limited downside risk. For those interested in affordable AI stocks benefiting from Trump tariffs, a free report on the best short-term AI stock is available. Analysts also recommend reviewing stocks set to bounce back and best stocks under $15.

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