(CercleFinance.com) – Jefferies reaffirms its ‘buy’ recommendation on Walmart, but lowers its price target from 175 to 155 dollars, in the wake of its estimates for the distribution giant the day after a quarterly publication which ‘has surprised on several fronts.
If he recognizes that sales have exceeded expectations and that market share gains are evident, the broker points to the significant level of inflation achieved and to come, and questions the change in consumer behavior in response. to this one.
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