Morgan Stanley Thinks Walmart Stock Can Reach $150. Here’s Why | Global News Avenue

Some Wall Street analysts believe Walmart (WMT) Stocks are close to the top. A research team believes that retailers are powerful Profit ratio Can help them continue to climb.

The market doesn’t appreciate much momentum WalmartMorgan Stanley E-commerce For example, a business.

Morgan Stanley gives retailers Price target Tomorrow morning, the company’s scheduled earnings released at $115, 10% higher than Wednesday’s $104 closing price. However, its analyst’s Bull case believes that the stock rose to above $150, which would mark a higher level than any analyst tracked by Visible Alpha as currently predicted.

“As Walmart+ Membership Continuing growth, (first and third-party) e-commerce businesses will benefit, which brings more data insights and “targets” to retail media, which provides more profits and reinvestment to the core of (Walmart) Value Proposition in grocery stores and in general merchandise. ” “This flywheel has never been more powerful. ”

Other analysts see more limited upside

Bank of America analysts wrote last week that Walmart’s stock trading for nearly 20 years is “not likely to see meaningful multiple expansions beyond current levels”. “The tough comparison/high expectations for (Wal-Mart) moving forward may limit the potential for stock price momentum relative to peers.”

Bank of America maintains “buy” rating for Walmart Like almost everyone Other analysts who followed Walmart And the investigation was conducted through visible α. The average consensus target target of analysts can be seen around α to about $109.

Analysts roughly expect Walmart to announce revenue of approximately $180.4 billion in the fourth quarter, with net revenue of $5.2 billion, which will have revenue of more than 6%. Throughout the fiscal year, they expect revenue to be $680.9 billion, up about 12% net income to US$20.1 billion.