Walmart: Jefferies still a buyer
(CercleFinance.com) - On Wednesday Jefferies analysts confirmed their "Buy" recommendation on the Walmart stock, after the official launch of the Walmart+ subscription.
"Today's announcement is largely in line with expectations, but we expect add'l benefits to come in the next few qtrs," the broker says.
Jefferies confirms its target price of 157 dollars for the share.
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