Walmart price target raised to $115 from $105 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Walmart (WMT) to $115 from $105 and keeps an Outperform rating on the shares. The firm continues to expect solid business momentum and profitable share gains for the company in Q4 and 2025, the analyst tells investors. Overall, Scotiabank expects Walmart to remain a leader and market share gainer in the retail industry.