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UBS ‘bullish’ on Walmart ahead of Q4 print

Walmart’s (WMT) Q4 print should serve as a key catalyst for the bull case on Walmart, UBS tells investors in a research note. The market is likely to focus on more dimensions of the retailer’s performance than it had in the past, and UBS believes the company’s results will live up to high expectations, though the key question is how Walmart will guide for the upcoming year. UBS has a Buy rating and $113 price target on Walmart shares heading into the Q4 report and remains bullish.

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