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Walmart price target raised to $190 from $175 at BofA

BofA analyst Robert Ohmes raised the firm’s price target on Walmart to $190 from $175 and keeps a Buy rating on the shares ahead of the Q2 report due next week on August 17. The firm sees potential upside to its and Street adjusted EPS estimates of $1.65 and $1.68, respectively and its 3% Walmart U.S. comp growth forecast, the analyst tells investors in an earnings preview note.

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