BMO Capital raised the firm’s price target on Walmart (WMT) to $100 from $80 and keeps an Outperform rating on the shares as part of a broader research note previewing Q3 results for Big and Small Box Food Retail names. Walmart’s decade of omni-channel investments are the early stages of paying off and the stock should remain a core holding as share gains are coming across all income cohorts, the analyst tells investors in a research note.
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